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Free Rent - Famous Profitable Expat Restaurant near Sukhumvit Road Pattaya Listing No. 066-12-02-005
· Features: This turn-key established restaurant has operated since 2009. The restaurant is very well-known and famous among the expats who live in Pattaya. The restaurant is located in one of the housing developments where lots of expats live. To the side of the restaurant is a large swimming pool. The owner has a great deal with the housing committee, to maintain the swimming pool and, in exchange, he doesn't have to pay rent for the restaurant space. The cost to maintain the swimming pool is about THB 8,000 a month. The restaurant is fitted out in a chilling al-fresco style. It serves Western and Thai food and currently operates from 8.30am to 6pm daily. Importantly, being in a residential area, the restaurant is not allowed to open late. It has a good sized kitchen which is fully equipped with fridge, freezer, oven, microwave, grill etc. There are storage rooms and staff toilet (separate from customer's toilet). Staff are in place and would like to stay under a new owner. This is truly a turn-key business; a WIWO deal. The current owner offers 1 month for transition, if required. He is selling this profitable restaurant after living in Thailand for 20 years as he and his wife plan to move to overseas for a new challenge. The business is profitable and with low overheads, the current owner has no doubt it will provide a sustainable income for a new owner. There is a one-off charge for changing the lease contract of THB 20,000, but the current owner will pay this. Financials will be provided to a serious buyer only after inspection.
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