| Date | Header | Price | ||
|---|---|---|---|---|
-- Bar -- Bangkok and Vicinities
-- Bangkok -- --
| Edit | |||
| 21/05/2006 | Bakery and Pub |
20 000 000 | ||
| BKK480G - This Bakery and Pub has a marvellous location, set just off the always busy Sukhumvit artery in Bangkok. The owner has big plans for the premises and is looking for a Bt.15 million investment to implement his grand design. For this money, an investor will become an equal partner in the company, with 50% of the shares. The bakery presently supplies major hotels, schools, hospitals and restaurants throughout the city, and is highly regarded, due to the owner’s previous experience in the industry in Europe. There is a popular restaurant and pub that enjoys high return trade from locals and from all around the world. The owner admits that the revenue sought is a high amount but points out that there is a 15 year rental contract in place and the opportunity to make 200 million Baht! He envisages turning the upper floors of the property into hotel accommodation with an upper deck swimming pool, club room, barbecue, sauna, gym and sundeck. His ideas are not set in stone and he is willing to entertain input from a future partner. Alternatively he is willing to sell the whole package now if a suitable offer were to be made. The building is 1,340 sq.m. in size, with five storeys in four shophouses. There is a bakery license, a pub license and a cigarette license in place. Annual revenue 8,500,000 Baht ($212,500) Annual Owner's benefit (earnings before taxes and depreciation) 1,800,000 Baht ($45,000) Furniture, Fixtures & Equipment included in the Investment Price 9,500,000 Baht ($45,000) Your Total Investment to own this business 20,000,000 Your Initial Cash Investment Needed 20,000,000 Baht ($500,000) Inventory included in the Investment Price 400,000 Baht ($10,000) | ||||
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