0779 Luxurious Restaurant in Sukhumvit Soi 33 Bangkok

Luxurious Restaurant in Sukhumvit Soi 33 Bangkok
Listing No. 66-0779

• Business: Restaurant
• Location: Sukhumvit Soi 33
• Building: Double Shop house 
• Size: approximately 400m2 over 4 levels 
• Features: This stunningly beautiful restaurant is situated on the main road. Surrounded by lavish hotels and offices. The quality of fixtures and fittings has been finished to an extremely high standard. There are seating for approx. 100 patrons which include an outside terrace area which seats 24. The walls are adorned with exquisite Thai art and sculptures. The kitchen is situated on the 2nd floor along with a private function room which can seat up to 40 guests at the elongated banqueting tables. Inside the kitchen there is an extractor fan, 6 hob oven, 2 freezers & 2 refrigeration units. The 3rd floor is currently empty, on the 4th floor there are 4 small rooms which could easily be used for staff or owners accommodation. The restaurant is fitted out with a mix of light and dark wood which complement the soft furnishings.
• Potential: Opulent Restaurant for Japanese Clients, hire out for private functions and events.
• Tenure: Leasehold, 12 Months renewable
• Staff: current monthly payroll of 120,000 baht
• Licenses: Food, alcohol and tobacco 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 and has also received a Trip Advisor Excellence award.
• Rent: 160,000 baht a month
• Utilities: About 32,000 baht a month
• Security: N/A
• Car Parking: Limited free customer car parking is available behind the restaurant and in nearby soi’s
• Business Operational: Yes – same owner since 2013
• Transition: The owner will assist in transitioning the business for a short period after settlement, if required
• Reason for Selling: Other Business interests
• Revenue: About 750,000 baht a month
• Net Profit: About 150,000 to 250,000 baht a month
• Financials: May be made available to genuine buyers, only after inspection
• Asking Price: 8 Million baht
• Price Negotiable: Yes, near offers will be considered
• Security Deposit: 480,000 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 strictly only before 1300 Monday to Saturday
• Agents: No Agent inquiries please

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