Sizeable Restaurant for Sale & Rent on Sukhumvit
Listing No. 66-0789
- Business: Restaurant
- Location: Sukhumvit 89
- Building: Concrete & Glass Construction
- Size: approximately 200m2 over 1 level
- Features: A substantial sized restaurant situated on the main Sukhumvit Road within 5 minutes’ walk of Bang Chak BTS Station. Outside there is terrace seating for 28, along with a large screen TV, large outdoor fans and a single unit Arromyen Franchise stand. As you enter the restaurant there is seating for approximately 70 patrons. A small stage at the rear with microphones and amplifiers, along with both True & CTH boxes. Inside you will also find 2 large screen TVs, 3 wall mounted air con units and 4 ceiling fans. In the bar area you have a Till EPOS computer linked to the kitchen, 2 fridges along with 2 beer pumps. Behind the bar is a good sized office with a PC, hard drive and printer. The next room is a storage facility. Off the corridor to the side is an elongated kitchen fitted with 2 x 3 ring hobs, 3 x single door fridges, 2 x 2 door fridges, 3 sink units, extractor hoods and an air con unit. At the back we have 3 newly fitted WCs. At the rear of the premises is ample room for free parking for both cars and motor bikes.
- Potential: Huge potential to make better use of the space, maybe add retractable doors with bench seating and along with a live band this could prove very popular with locals.
- Tenure: Leasehold, 3 years renewable
- Staff: Currently 7 salaried staff.
- Licenses: Food and Alcohol licenses are current and come with the business
- Stock: Stock remaining at time of settlement is included in the price
- Online: The business has its own face book page which may be transferred to the new owner if required.
- Rent: 50,000 baht a month
- Utilities: About 18,000 baht a month
- Car Parking: customer car parking is available at the rear.
- Business Operational: Yes
- Transition: The owner will assist in transitioning the business for a short period after settlement, if required.
- Reason for Selling: Moving abroad
- Revenue: About 250,000 baht a month
- Financials: Not Available
- Asking Price: 1.7 Million Baht
- Price Negotiable: Yes, near offers will be considered
- Security Deposit: 150,000 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 1700 Monday to Friday and between 1000 and 1300 Saturday.
- Agents: No Agent inquiries please
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