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   Date    Header Price  
20/05/2006  Jazz and Karaoke Bar in Jomtien1 700 000
20/05/2006  Sports Bar and Pool Lounge18 000 000
20/05/2006  Karaoke Lounge830 000
20/05/2006  Indian Restaurant600 000
-- Restaurant -- Eastern Region -- Chonburi -- --   GE Edit
20/05/2006

Large Pattaya Restaurant

37 000 000
UPDATE! The owner has dropped his investment price, from 40 million baht to 37 million baht

BKK1682C - This large Pattaya Restaurant sits in a four storey building, on one rai and 32 square wah of land (1728 square metres). This enterprise is firmly established, with almost 20 years of solid performance. The restaurant itself occupies 864 square metres per floor, is fully air-conditioned, and can seat 750 customers. There are three fully equipped kitchens to satisfy demand, and there are lovely gardens and a parking lot occupying another 864 square metres. This marvellous opportunity has only arisen as the current owner wishes to retire. He has been operating the business on a seven days per week basis, opening from 10am until 11pm, and he has been reaping rewards of six million baht per year in pure profit. Recent appraisals have been made, and the value of the building is 30 million baht (the strength of the support columns would allow the construction of a further two storeys), with the freehold land being valued at 16 million baht. The copyrighted family name of the enterprise is included, but with the right to use for this restaurant only. The present owner is more than willing to train a new owner for up to a year, and he has a great workforce in place that would be eager to remain; average tenure of the staff is over 10 years, and the general manager has worked here for over 12 years. There is a lengthy list of contract clients, including Government Departments, law firms, tour group operators and private corporations, and the clients come from a whole host of countries, such as Vietnam, Singapore, China, Indonesia, Europe, the Philippines and India.


Annual revenue 18,000,000 Baht ($450,000)

Annual Owner's benefit (earnings before taxes and depreciation) 6,000,000 Baht ($150,000)

Furniture, Fixtures & Equipment included in the Investment Price 46,000,000 Baht ($1,150,000)

Your Total Investment to own this business 37,000,000

Your Initial Cash Investment Needed 37,000,000 Baht ($925,000)

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20/05/2006  Bar and restaurant6 500 000
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21/05/2006  Sales and Service Centre5 000 000
21/05/2006  Wholesale Business6 000 000
21/05/2006  Cotton Goods Distribution Company2 500 000
21/05/2006  Beauty Salon1 120 000
21/05/2006  Established Slimming Centre Corporation1 000 000 000

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