Wednesday 16 September 2015

0811 Exquisite Restaurant in the heart of Bangkok

0811 Exquisite Restaurant in the heart of Bangkok

 Exquisite Restaurant in the heart of Bangkok

Listing No. 66-0811 

 

  • Business:  Restaurant
  • Location:  Silom Bang Rak, Bangkok
  • Building:  Two Storey Building with Large Front Terrace
  • Size:  approximately 250m2 over 2 levels.
  • Features:  A 5 minute walk from Chong Nonsi BTS, on a main road surrounded by high end restaurants.  As you enter the Terrace area through the large front gate you are surrounded by a feeling of tranquility.  With opulent terrace furniture finished off with white soft furnishings. Next to this you find the well-stocked bar with mood lighting and stool seating. As you walk through the patio doors we enter the main restaurant.  The furnishings are cream which complements the light wood table and chairs very well.  The layout is perfect allowing for intimate diners and a long table for the group parties.  To the side you have the kitchen area which includes 2 chiller cabinets, a chest freezer, a 6 hob burner, oven, sink units and all the utensils you require. Upstairs we have an open area with long white leather seating going around the edge of the room with a large unused open space.  As part of this amazing package you also get a 7 Million Baht Capital Invested Company with 2 work visas. Everything you see in the restaurant is included in the price except for one thing, the local artist pictures which adorn the walls.
  • Potential:  This venue is finished to an exceptionally high standard; it is well suited to be both an Art Gallery and a Restaurant combined.  Local artist’s wishing to display their work could be approached to display and sell their work in this venue.  Also could be suitable for high end beauty product manufactures for new product launch events.
  • Tenure:  Leasehold, 3 + 3  years renewable
  • Staff:  Currently 5 salaried staff.
  • 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
  • Online:  The business has its own website and face book page which may be transferred to the new owner if required. 
  • Rent:  60,000 baht a month
  • Utilities:  About 15,000 baht a month
  • Car Parking:  Limited customer car parking is available in the nearby soi’s
  • Business Operational:  Yes – same owner for past 2 years
  • Transition:  The owner will assist in transitioning the business for a short period after settlement, if required.
  • Reason for Selling:  Relocation
  • Revenue:  About 250,000 low season to 500,000 baht high season a month
  • Financials:  May be made available to genuine buyers, only after inspection
  • Asking Price:  6 Million baht
  • Price Negotiable:  Yes, near offers will be considered
  • Security Deposit:  120,000 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:  180,000 Baht.
  • 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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