0001 Under Cover Open Air Café/Restaurant with Excellent Foot Traffic

Under Cover Open Air Café/Restaurant with Excellent Foot Traffic

Listing No. 66-0001

 

• Business:  Cafe and Restaurant
• Location:  Rambuttri Road, Khao Sarn, Bangkok
• Building:  The kitchen and storage area are part of a retail complex, with seating ‘al-fresco’ style on the pavement outside.  Ground level only and on a major Khao Sarn Road
• Size:  approximately 58m2 – kitchen, seating area and storage for tables and chairs, and equipment
• Features:  The restaurant seats 30 at 8 tables and 2 high tables.  The kitchen is very well equipped with hot plate, gas burners, fridges, freezer, deep fat fryer, microwave, sausage mincing machine, industrial and domestic blenders, etc.  There is a cash register, stereo system, floor fans and fire extinguishers.  There are two kebab machines located strategically at the front of the restaurant which are very popular (about 50% of the sales) not only for dine in, but also for take-out.
• Potential:  The current owner chooses not to sell alcohol, but states that he does have a license to do so and if he chose to sell beer, his revenue would increase significantly
• Tenure:  Negotiable
• Staff:  currently 3 staff who work in two shifts.  The monthly payroll is 60,000 baht
• Licenses:  Food, Alcohol and Music Licenses are current and come with the business
• Stock:  Stock remaining at time of settlement is included in the price
• Rent:  60,000 baht a month, plus 1,300 baht a month for use of the pavement seating area (61,300 baht)
• Utilities:  About 1,000 baht a month
• Car Parking:  Limited car parking is available in nearby soi’s
• Business Operational:  Yes, opens daily from 10am till late
• Transition:  The owner will assist in transitioning the business for a short period after settlement, if required.
• Reason for Selling:  Owner moving overseas
• Financials:  The owner does not keep financial records
• Asking Price:  1.2 million baht
• Price Negotiable:  Yes, near offers will be considered
• Security Deposit:  N/A
• Key Money:  N/A
• Sale Terms:  10% deposit (to secure the business and remove it for sale) and the balance within 30 days.  Ownership does not transfer until payment has been received in full
• More Information:  Further details will only be provided after inspection
• Inspections:  24 hours’ notice is required to inspect this business.  Inspection times are between 1000 and 1700 Monday to Friday and between 1000 and 1300 Saturday.
• Agents:  No Agent inquiries please

 

 

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