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Cosy French Restaurant In Residential And Business Area For Sale

Sathorn/Suan Phlu/Silom, Bangkok
Asking Price:
$200,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$220,000 (USD)
Cash Flow:
Available on request

Freshly opened, August 2014, this totally new renovated restaurant is fully operational and fast growing. Customers are mainly expats, thais and worldwide businessmen.
This business is for sale mainly for personal and medical reasons from the owners, with a return to their home country.
The restaurant provides high quality and authentic French cuisine at very reasonable prices which lead to fast growing sales now and in the future( ranking 4,5/5 on trip advisor).The chef who is French can stay or leave according to the new owner wish.

Property information

Real Estate:

Lease

Lease Terms:

3 years with a renew in august 2017

Leasehold Rent:

27 000 per annum

Living Accommodation:

No accommodation available.

Location:

The restaurant is located in a very busy street near Sathorn with a lot of hotels and residential homes and condos around.

Premises Details:

The restaurant has 140 m2 available for the customers including a Terrace with a lot of greens. The restaurant design completely renewed is very classy and warm with a little taste of French bistro.

Planning Consent:

A mezzanine has been added when the premises have been rebuilt witt a gouvernement authorization

Business Operation

Expansion Potential:

No other additional premises will be available in the future at the same location

Competition / Market:

No faced competition in the street, the nearest competition is located on the other side of Sathorn

Reasons for selling:

Retirement in home country and medical reasons

Trading hours:

10 am - 11pm. Monday -Sunday with the Wednesday off.This can be modified by the new owner and doesn't require an authorization.

Employees:
8
Years established:
Established since August 2014

Other Information

Support & training:

1 to 2 months handover for training and know the business will be available at request of the new owner..

Furniture / Fixtures value:
$55,000 (USD) - included in the asking price
Inventory / Stock value:
$10,000 (USD) - included in the asking price
Website:
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Relocatable:
This business can be relocated.

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