Date | Header | Price | ||
---|---|---|---|---|
20/05/2006 | Koh Lanta business! | 5 000 000 | ||
-- Restaurant -- Bangkok and Vicinities
-- Bangkok -- --
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20/05/2006 | Bangkok Restaurant |
1 000 000 | ||
UPDATE! The owner is motivated to sell, and has dropped the asking price from 1,500,000 baht to just 1,000,000 baht, to facilitate a quick transaction. BKK11206YS - This three year old Bangkok Restaurant is located in the Ploenchit region, and is a franchise outlet for a company that produces and distributes European food. The company itself has three branches operating in three large shopping malls in Bangkok, and is about to expand with a branch in Phuket. Marketing, development and product supplies are all provided for the franchise outlets, and well known restaurants and embassies avail themselves of the products. The owner is keen to concentrate his efforts on another new venture that he has become involved in, and is consequently willing to listen to offers for this 78 square metre venue, which seats 50 customers. Annual receipts of 2,760,000 baht are producing profits of 480,000 baht, and there are assets worth 2,000,000 baht to acquire. There are five full time employees, and the monthly payroll totals 28,500 baht. Monthly rent is 55,000 baht, and there is a three year plus three year lease. The asking price includes a 300,000 baht franchise fee that has already been paid to the franchise company. Annual revenue 2,760,000 Baht ($69,000) Annual Owner's benefit (earnings before taxes and depreciation) 480,000 Baht ($12,000) Furniture, Fixtures & Equipment included in the Investment Price 2,000,000 Baht ($50,000) Your Total Investment to own this business 1,000,000 Your Initial Cash Investment Needed 1,000,000 Baht ($25,000) Inventory included in the Investment Price 5,000 Baht ($125 | ||||
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