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   Date    Header Price  
20/05/2006  Shopping plaza and restaurant4 000 000
-- Restaurant -- Bangkok and Vicinities -- Bangkok -- --   GE Edit
20/05/2006

Steak Restaurant located in Yannawa

500 000
UPDATE! The owner is motivated to sell, and has dropped the asking price from 700,000 baht to 500,000 baht.

BKK11031YT - This Bangkok Steak Restaurant is located in Yannawa, and was established 18 months ago. The building has three floors, each measuring 48 square metres; the restaurant is on the ground floor, a function and karaoke room sits above, and the top floor is hired out as a music practice room for 200 baht per hour. The current owner has a full time job, and cannot devote enough time to manage the business. Rent is 14,000 baht per month, on a rolling annual lease, and revenues of 960,000 baht produce annual profits of approximately 430,000 baht. The assets are as new, and valued at 900,000 baht.


Annual revenue 960,000 Baht ($24,000)

Annual Owner's benefit (earnings before taxes and depreciation) 384,000 Baht ($9,600)

Furniture, Fixtures & Equipment included in the Investment Price 900,000 Baht ($22,500)

Your Total Investment to own this business 500,000

Your Initial Cash Investment Needed 500,000 Baht ($12,500)

Inventory included in the Investment Price 50,000 Baht ($1,250)

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