0743 Stylish & Contemporary Café & Restaurant for Sale and Rent in Sukhumvit, Bangkok

 

Stylish & Contemporary Café & Restaurant for Sale and Rent in Sukhumvit, Bangkok

Listing No. 66-0743

 

•Business:  Cafe’ and Restaurant

•Location:  Sukhumvit Soi 49, Bangkok

•Building:  Stand alone, concrete structure 2 story building

•Size:  approximately  400m2 over 2 levels including a parking lot

•Features:  The restaurant is situated in Sukhumvit soi 49 with many apartments nearby. This area is very well-known for local Japanese clientele who reside in Bangkok and are loyal customers of the restaurant.  With seating inside for around 80 people (comfortably) and the outdoor area seating for about 16 and in a prominent ground floor location. Close proximity to the well-known local hospital. This restaurant presents very well.  Currently serving Japanese fusion food. The décor is neutral enough to loan itself to many restaurant styles.  Open for lunch and dinner, the restaurant is very well appointed with a long counter for reception/cashier and service area. There are 3 POS Tills which are linked to the manager’s office upstairs. The kitchen is at the rear of the reception area and is fully equipped with an oven, fridge, freezer, dish washer and under counter fridge. There are also separate Male and Female WC’s. The second floor is a manager’s office (30 m2), staff room (50 m2) and storage area/electricity panel (20 m2) and also a toilet/ bathroom. There are some appliances in this floor including 2 x chest freezers and a refrigeration unit with double glass front.

•Options:  The current owner is selling up to move to a new location in an effort to expand her business. The owner has been very successful at this location and has developed a reasonable clientele for this cuisine. The current owner will retain the name of the restaurant for her next project at a different location.

 

•Potential:  The restaurant is located near many condos and apartments so highly recommend adding a delivery service to increase revenue.

•Tenure:  Leasehold, 3 years renewable

•Staff:  Currently 10 salaried staff, with a monthly payroll of 150,000 baht

•Licenses:  Food, alcohol are current and come with the business

•Stock:  Stock remaining at time of settlement is included in the price

•Rent:  250,000 baht a month

•Utilities:  About  50,000 baht a month

•Security:  N/A

•Car Parking:  private car parking is available for 12 at the front of the restaurant

•Business Operational:  Yes – same owner since 2011

•Transition:  The owner will assist in transitioning the business for a short period after settlement, if required

•Reason for Selling:  The owner has another restaurant and can’t devote much time to this business

•Revenue:  About  800,000 to 1 million baht a month

•Net Profit:  About 200,000 to 300,000 baht a month

•Financials:  May be made available to genuine buyers, only after inspection

•Asking Price:  5.9 million baht

•Price Negotiable:  Yes, near offers will be considered

•Security Deposit:  750,000 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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