Dream Location Guest-House Café & Restaurant in Koh Phangan Thailand
Listing No. 66-0410
- Business: Guest House, Cafe & Restaurant
- Location: Koh Phangan
- Building: Guest House / Restaurant on-site Bakery
- Size: Approximately 300m2 and 40m2 outdoor terrace ( 100m2 rooftop )
- Features: Successful Bakery, Restaurant and Guesthouse all combined in one amazing location; included in this great package we have 1 Ford Ranger Pickup, 1 Honda Jazz car, 1 Bike with side-car. Inside is a fully functioning Bakery including all the necessary kitchen utensils required to get you started, along with a Breakfast Bar and customer seating. In the Restaurant we have 3 table and chair sets alongside 2 relaxing sofas and a wave shaped bar, outside we have alfresco dining for over 20 patrons. Also included are 2 guest rooms popular with the local tourist, 1st room approx. 22sqm and the 2nd room approx. 14sqm.
- Options: Current Lease 10 Years ( 2 ½ Years still remaining )
- Potential: To build a vertical extension for 2 Penthouse Flats.
- Tenure: 10 Year lease renewable February 2018
- Staff: Currently 9 salaried staff, with a monthly payroll of 109,000 baht
- Stock: Stock remaining at time of settlement is included in the price
- Online: The business has its own website and face book page which may be transferred to the new owner if required.
- Rent: 44,000 baht a month ( normally paid every 6 months 264,000 baht )
- Utilities: Information not supplied.
- Car Parking: Limited customer car parking is available.
- Business Operational: Yes – same owner for past 7 years
- Transition: The owner will assist in transitioning the business for a short period after settlement, if required.
- Reason for Selling: Re-location back to Europe.
- Financials: May be made available to genuine buyers, only after inspection
- Asking Price: 8.8 Million baht
- Price Negotiable: Yes, near offers will be considered
- Key Money: 1 Million Baht due February 2018
- 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 9am – 6pm Monday - Saturday
- Agents: No Agent inquiries please
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