European Thai Restaurant
Location:
Thailand
->
Bangkok
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
This beautiful and unique Thai and European restaurant has been serving loyal guests in the Sathorn area for nearly 10 years now. As the business sits in a classically decorated and restored historic Thai residence covering 410 sq meters, the restaurant has a very home-like and comfortable atmosphere both inside and out. The restaurant operates with a professionally trained head European chef and a Thai chef who looks after the Thai menu as well as a service/management staff of 19 for a total staff of 21 and monthly payroll of just under 200,000 Baht. The lease for the premises is locked in for a further four and a half years and currently stands at only 50,000 Baht per month. The owners have put a lot of time and effort into this business over the last decade and are reluctant to let the business go, however, they realize that even though the restaurant garners an average of 750,000 Baht per month in sales, they do not possess the professional F&B experience to bring it to the next level. For this reason, they are looking for a professional and experienced managing partner to invest, financially and operationally, in the business or would consider a full takeover for only 6,000,000 Baht. Contact EBG today to get more information on this well established Bangkok business. Contact for more information on this European Thai Restaurant for sale.
Financials
Asking Price Range: < $250K
Gross Revenues:
$250,000
Cash Flow:
$30,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1998
Number of Employees: 20 - 34
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Not Applicable
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 70072142
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