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Listing ID: 3212363

Confidential For Sale

Phuket, Thailand

$ 12,500

Revenue: $ 37,500

Cash Flow: $ 11,250

Business Description

(UPDATE! The owner has decided to reduce his required investment amount, and now seeks only 450,000 baht for his business. As this equates to only one year's profits, the listing now represents tremendous value). Health problems have forced the offering of this Phuket Restaurant and Bar. With highly original décor, the business is placed to succeed in a booming part of the city, near Nai Ham beach. Many Thais and Westerners are flooding to this area, with new homes being built constantly, and the customer base can therefore only grow. At present approximately 30% of income is registering as profit, and this equates to around 450,000 baht annual profit from receipts of 1,500,000 baht. Established two years ago, the business has total floor space measuring 130 square metres, and seats 47. Rent is 7,000 baht per month, with a new five year lease available for the new owner, with a further five year option, without further key money, but with rent increases factored in. There is ample parking (measuring 80 square metres), and the business has its own well and an 80 square metre underground secured storage space.

Property Details

Size:

1,410 sq m

Years Established:

2002

FF&E:

$8,750

Other Details

Operation Details

Employees:

4

Trading Hours:

.

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