Excellent Location 40-Seat Restaurant and Bar in Koh Samui
Listing No. 66-0605
•Business: Restaurant and Bar
•Location: Koh Samui, Thailand
•Building: Open-front retail shop (cement block, tin roof) - ground floor only, with out-door seating area
•Size: approximately 150m2 inside and out
•Features: This restaurant and bar seats 40 in a market style atmosphere. Pool table and Kebab Cooker and all equipment included.
•Tenure: Leasehold, 3 years renewable (3+3)
•Staff: Currently 3 salaried staff, with a monthly payroll of 27,000 baht
•Licenses: The alcohol license is current and comes 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: 20,000 baht a month
•Utilities: About 4,500 baht a month
•Car Parking: Customer car parking is available nearby
•Business Operational: Yes – same owner since May 2014
•Transition: The owner will assist in transitioning the business for a short period after settlement, if required
•Reason for Selling: Owner relocating for family reasons
•Revenue: No figures provided
•Net Profit: No figures provided
•Financials: Owner states that financials will not be shown
•Asking Price: 3.4 Million Baht
•Price Negotiable: Yes, near offers will be considered
•Security Deposit: N/A
•Key Money: 450,000 Baht paid in March 2017, then each 3-year lease renewal
•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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