0789 Sizeable Restaurant for Sale & Rent on Sukhumvit

 

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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