SOLD! - Busy Restaurant for sale in Soi 5 Jomtien

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Ad
Added:
Sat 7 Jan 2017
Expires:
Tue 21 Feb 2017
Ad #:
281003
Views:
1510
Status:
Sold/Expired
Ad Type:
Basic FREE
Name:
Stephen/Som
Telephone:
+447768821237 /0956097805/0865120013
Member Since:
Mon 2 Jan 2017
Ads:
Overview
Category:
Business for Sale/Rent
Sub Category:
Restaurant/Cafe Sale/Lease
Zone:
Jomtien Beach
Region:
East Coast: Pattaya & Region
Area:
Jomtien/Huay Yai
Country:
Thailand
Detail
Posted By
Owner (not a trader/dealer/agent) 
Air Con
Lease Term
Rolling 
Lease Type
Direct 
Contract/KeyMoney
No Key Money 
Company Included
No 
Expat Work Permit
No 
Licenses Included
Yes 
Owner Suite
Yes 
Operational
1 Year + 
Staff #
Salaries Monthly
29,000 
Rent Monthly
27,000 
Income Monthly
347-360k 
Profit Monthly
180-220k 
Negotiable
Near Price/Terms Only 
Seller Finance
Yes 
Agents,Co-broker?
No Agents/Brokers 
Description

Busy Restaurant for sale in Soi 5 Jomtien

Very Popular Restaurant & Tea Room for Sale in Very busy Soi 5, Jomtien (immigration Soi) as an ongoing business, only 50-60 metres from the Beach.
Serving FULL English and Thai menu including Full English Breakfasts, Sunday Roasts and many daily specials including the very popular Cream Teas & Full afternoon teas with the popular Roddas Clotted Cream.
Turnover has doubled in the past 12 months and is increasing month on month year on year.
Restaurant has been in soi 5 for the past 10 years but was taken over by myself on 01/10/2015 and went through a total refurbishment, including new signs, new light boxes, new lights, LED signs, 4 TV's, new tables & chairs, all new menus, 2 coffee machines, includes 7 fridges/freezers, new dishwasher, new cooker, 7 new fans, 3 new Aircons, new Water Storage Tanks & New Pump. Also included in the price are 3 Rooms available for rent (2 currently on long term rent). 1 very large room sleeps 4 people, 2 other rooms on separate floors.

This restaurant would ideally suit a couple either English/Thai or English couple.
FULL training and one month help on change over included, FREE ON GOING SUPPORT.
All Tobacco, Whiskey, Sign Tax, Restaurant Registration and Music License’s up to date.

Very sad to sell and will miss it immensely but offering to help along the way. Looking to sell this time of the year to enable the new owners to reap some of the high turnover within the high season.

Good Profit margin, spread sheet with sales/purchase/profit, please email for details available for serious interest.

Workloads in UK prevents me from spending the amount of time I feel needed to push the restaurant further forward.

Only Asking 1,900,000 if paid in Thai Baht, £37,000 if paid into UK Account Subject to Conditions

Monthly Rent 27,000 Baht

Salary Currently 28,000 per month

NO KEY MONEY

Additional info: Send Email | Post a Question?
Price:
1,900,000 THB
Approx:

44,610 GBP  |  48,634 EUR  |  72,145 AUD  |  57,194 USD
77,990 SGD  |  381,603 CNY  |  467,750 SEK  |  3,368,794 RUB
245,668 MYR  |  210,084 AED  |  6,250,000 JPY  |  65,517,241 KRW

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Advertiser Details
Joined Date:
Mon 2 Jan 2017
 
Active Ads:
0
Expired Ads:
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MLS Member:
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