Description

Located right next to the moat, alongside the historic walls of Chiang Mai, this profitable western style Restaurant can seat up to 40 customers at any given time. Fully equipped, with a team of well trained staff, the brand new venture is already realising net profits of roughly 60,000 baht per month, and greater profits are expected in high season. The owner is relocating however, and will accept virtually what he recently spent on opening the premises, to complete a business transfer. A total outlay of 1,300,000 baht at inception included the cost of all assets and leasehold improvements, and the asking price has been set at just 1,500,000 baht to cover the owner's expenses and set up time. There is also fully furnished air-conditioned accommodation above the restaurant, including a new bath and a computer. The building has total floor space of 216 square metres and incurs monthly rent of 20,000 baht. The lease does not expire until 2012, and there is then an option to renew.

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