This Mexican restaurant is well-known in both expat, locals and tourist circles and has developed a strong reputation over the years thanks to many other location in Bangkok. Conveniently located in one of the largest mall in Bangkok, restaurant location is a turnkey business for any buyer. The branding on this business is key and the new owner can walk in and take over a thriving business.
The restaurant has a spacious 115 sqm area and is well decorated. The business is open seven days a week and can seat 40/46 people. The lease on the business is until end 2017 with a renewal option 3+3. Monthly rent is normally 200,000THB a month, however MBK offers us a decrease which could be permanent, rent is 166,000 THB right now.
There are 8 full time employees with a monthly payroll of 125,000 baht. Sales are around 600,000 THB a month.
Franchise agreement can be transferred to the new owner company and 1 work permit could done if necessary.
The owner is willing to focus on his main business and so wishes to sell this popular restaurant brand.
ASKING PRICE 5.5 million bah
Bangkok's largest and famous mall for locals and tourists.
MBK Center, also known as Mahboonkrong, is a large shopping mall in Bangkok, Thailand.At eight stories high, the center contains around 2,000 shops, restaurants and service outlets, including the 4-story Tokyu department store.
The MBK Center management reports daily visitor numbers of more than 100,000, half of whom are young Thai people and a third foreign visitors.
The MBK Center is popular with tourists, although the majority of shoppers are Bangkok residents. Many stores selling authentic merchandise are also available. MBK Center is connected to the Siam Discovery and Siam Paragon shopping mall by elevated walkways, both of which are more upscale and have only authentic goods.
Reason For Selling:
Willing to focus on my main business as it was supposed to be managed by my wife. Good potential for the one commited to this business and with a good knowledge of F&B