Restaurant For Sale

Picture of Restaurant For Sale in Suan Luang, Bangkok, Thailand

$18,000

0143999 Restaurant and Bar in Srinakarin, Bangkok for Sale
Suan Luang, Bangkok, Thailand

Year Built: 0

Listed By: Asian Business Brokers (thailand) Co., Ltd

Listed On: 10/10/2023

Listing ID: GL3221858

Description

0143999 Restaurant and Bar in Srinakarin, Bangkok for Sale Listing No. 066-01-43-999 Business: Cafe, Restaurant and Bar Location: Srinakarin, Bangkok, Thailand Features: Located close to the Yong Charoen Market in Srinakarin, this very large (about 200m2) ground level venue has been trading since 2012. Initially, under different ownership, it was a Coffee Shop and Book Hire, but was converted into a Café, Restaurant and Bar in early 2023 when the current owners purchased it. It has inside (air-conditioned) and outside seating for about 80 customers in comfortable lounge seating, and trades from 5pm till late every day. The kitchen has all of the necessary equipment to produce a wide variety of Thai and foreign foods. The frontage of the building is 7m wide and there is parking outside for motor bikes and delivery trucks. There is a large amount of passing traffic – both foot and vehicles. The café and bar service area is well set-out with an espresso coffee machine, two upright glass-front fridges, rack shelving for display of spirits and liqueurs, ice box, sink (with a separate filtered water tap), cash register and with plenty of cupboard storage. There is bar counter seating around the service area. Rent for the size and location of this venue is normal and, coupled with electricity and wages, means the business only has to produce sales of about 160K per month to break even (including COGS). Currently, it is staffed by the owner, 2 wait staff and a cook. There is no company offered with this sale as the owners operate it as a non-registered partnership. The business is being offered for sale as the owners have other business interests. Normal transition applies – social media accounts, equipment documentation, assistance with utilities transfers, menus, recipes, contacts, training as required, logos, etc. The business may be inspected and/or discussions with the owners may occur by booking a face-to-face appointment with Asia Business Brokers a few days in advance. Records will be supplied if you feel like you would like to purchase the business after you have inspected, but not before. The owners are not interested in online meetings or potential buyers who are not currently in Bangkok or ready to purchase in all respects. The landlord does not charge Key Money. Tenure: Business for Sale (Leased Premises - 3 years lease with option to extend) Asking Price: THB 590,000 More Information: Please provide your name, phone number (with country code) and email address so we can contact you to assist