0005 Italian Restaurant and Wine Bar in Ratchada, Bangkok

Italian Restaurant and Wine Bar in Ratchada, Bangkok

Listing No. 66-0005

 

• Business:  Italian Restaurant
• Location:  Ratchada, Bangkok, Thailand.  Close to Rama 9 and the Thailand Cultural Centre MRT.  This area is shaping up as the new Central Business District of Bangkok
• Building:  Ground level shop
• Size:  approximately 52m2
• Features:  Business is attracting local and business clientele. Features a wood fired Pizza oven, a small kitchen that's well equipped and adequate, operated as an Italian pizza style restaurant and wine bar.  Open daily from 4pm to 10pm.
• Tenure:  Leasehold, 3 years renewable
• Staff:  currently 2 staff employed with a monthly payroll of 24,000 baht
• Licenses:  Alcohol license current and provided with the sale
• Online:  The restaurant has its own Face Book page with 170+ likes, which may be transferred to the new owner if required.
• Rent:  18,000 baht a month
• Utilities:  About 4,000 baht a month
• Car Parking:  No allocated parking, but parking is available nearby in the streets
• Business Operational:  Yes – opened May 2015
• Reason for Selling:  Owner is moving from area
• Revenue:  About 70,000 baht a month
• Net Profit:  currently breaking even
• Financials:  May be made available to genuine buyers, only after inspection
• Asking Price:  1.2 Million Baht
• Price Negotiable:  Yes, near offers will be considered
• Security Deposit:  36,000 baht paid at the time of settlement to the Landlord.  Subject to compliance with the rental agreement, refundable upon termination of lease agreement
• 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 1300 Monday to Saturday.
• Agents:  No Agent inquiries please

 

 

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