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Listing ID: 3163632

The Wishing Well Restaurant 20yrs Established in the Cosy Beach area For Sale

396/14 Cosy Beach moo12 Pratamnak banglamung, Pattaya, Chonburi, Thailand

THB 2,200,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: THB 500k to 1m

Cash Flow: THB 500k to 1m

Business Description

Great Location, surrounded by many hotels and condo's and even more in the process of construction.
The Wising Well was founded by the current owner in 1999 and was the very first restaurant in the area.
Best described as a balcony style restaurant, serving English style meals for the past 20yrs.
However the property could be adapted for any style of business.
Motorbikes are also rented from the restaurant, which has proven to be a great source of added income. They are included in the price.
The current staff have been with the restaurant for the last 15yrs.
There are two rooms above the restaurant, one is a store room, the other is accommodation for the owner.
The Wishing Well has not only given the owner an income for the past 20yrs but also a great quality of life.
The current lease extends for three years from 6/9/2019. There is no key money.
Taxes and License's are managed by two million baht company, which is included in the price, if required.
Overheads are low, more details will be given to prospective buyers.
Interested parties are welcome to call in during opening hours. 1pm to midnight, closed Mondays.
2,200,000 Offers will be considered. Many photo's and reviews available on google maps, just type in The Wishing Well Pattaya

Please contact us for more details.

Property Details

Years Established:

twenty

Property Type:

Lease

Other Details

Business Location:

Raised corner plot at cross roads on main road

Competition:

there are a few varies style restaurants in the area, none are offering the same style of meals as the Wishing well.

Living Accommodation?

Yes
Two rooms above the restaurant

Operation Details

Employees:

two

Trading Hours:

1pm to midnight closed Mondays

Miscellaneous

Reason For Selling:

The owner recently turned 70 and after 20yrs of running this restaurant wishes to retire

Contact this seller

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