0300 Guesthouse / Restaurant in Hua Hin for Sale and Rent

Guesthouse / Restaurant in Hua Hin for Sale and Rent

Listing No. 66-0300

 

•Business:  Restaurant

•Location:  Hua Hin, Thailand.  About 10 minutes’ drive to Cicada Market.  Situated near hotels and resorts

•Building:  Single Shop House, 4 floors with entry from the ground level

•Size:  approximately 300 m2 over 4 levels including 

•Features:   Food and drink display cabinet, salad bar with bain-maries, 2 x fridges, 2 x freezers, Kebab tower, grill and cooking plate, deep fat fryer, french-fries basket.  The dining area has tables and chairs for 20 people, service counter desk, digital cashier system, advertising/menu light box and all cooking/serving equipment.  The current owner has created the brand, with a franchising view.  There are no franchise fees. The restaurant menu has been given to all the 25 bars close by, with food being ordered from them regularly.  There is 2 x 125cc motor-scooter included in the price of the business.

•Options:  Can be sold with or without a 4 Million Baht Thai Limited Liability Company

•Potential:  There are 3 bedrooms and 3 toilets upstairs which may be transformed into a small guesthouse or hostel

•Tenure:  Leasehold,  12 months renewable, but a longer lease may be negotiated 

•Staff:  Currently 1 salaried staff, with monthly payroll 15,000 baht a month

•Licenses:  No licenses included

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

•Online:  The business has a face book page which may be transferred to the new owner if required

•Rent:  15,000 baht a month

•Utilities:  About 5,000 baht a month

•Car Parking:  Limited customer car parking is available in the nearby soi’s

•Business Operational:  Yes – same owner since 2014

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

•Reason for Selling:  Relocation

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

•Asking Price:  400,000 baht  

•Price Negotiable:  Yes, near offers will be considered

•Security Deposit:  30,000 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:  30% 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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