Description

This Restaurant serves Thai and International cuisine in a 70 square metre shop house with 60 seats. The business sits in a very good location in the Huay Kwang region of Bangkok, amid many condominium towers and office buildings, with the popular RCA nightlife area adjacent. Consequently, the restaurant has built up a large customer base, even though it was only established six months ago. The rental fee is very reasonable, at only 22,000 baht per month, while the lease contract runs for two years, with a two year option to renew. At present, this restaurant is making monthly profits of 50,000 baht, and the owner has estimated that the annual net profits should therefore come in at around 600,000 baht, from annual revenues of 2,400,000 baht. The current owner is moving overseas, however, so is offering the business for an asking price of 1,450,000 baht, which including assets that only recently cost 1,400,000 baht. The monthly wage bill totals 11,000 baht for two full time employees.

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