Property ID : KB047
For Sale 5,700,000฿ - Bar, Business, Restaurant
Pub/Restaurant for Sale in Most Popular Area – Kai Bae, Koh Chang
- Building: Stand-alone Thai Style 2 story solid timber (hardwood) house, with entry from both the ground and 2nd floors.
- Size: approximately 190m2 on the Ground floor and 120m2 on the 2nd floor = approximately 310m2.
- Features: Good kitchen and themed restaurant catering to tourists and returning customers. Live music, and nightly fire shows. All equipment provided. Restaurant capacity 180 seats.
- Tenure: Land Leasehold (13 years), building Freehold.
- Staff: varies between 5 to 12 staff with individual salaries ranging from 4,000 baht to 30,000 baht a month.
- Licenses: Food, Alcohol and Tobacco licenses current and included in the sale.
- Stock: Stock remaining at time of settlement is included in the price.
- Online: The restaurant has its own website and Face Book page, which may be transferred to the new owner if required. Rated in Trip Advisor.
- Rent: 35,000 baht a month (paid annually in advance 420,000 baht)
- Utilities: About 15,000 baht a month.
- Car Parking: Car parking for about 6 cars is available near the restaurant, with other parking available in a neighbor resort car-park opposite.
- Business Operational: Yes – for over 7 years. Ready to work.
- Transition: The owner will assist in transitioning the business for a short period after settlement, if required.
- Revenue: between 1 million and 2.5 million baht a month (seasonal)
- Net Profit: above 500,000 baht a month.
- Financials: May be made available to genuine buyers, only after inspection.
- Asking Price: 5.7 Million Baht.
- Price Negotiable: Yes, near offers will be considered.
- Sale Terms: 10% deposit (to secure the business and remove it for sale) and the balance within 30 days. Ownership does not transfer until payment has been received in full.
- More Information: Further details will only be provided after inspection.
- Inspections: 24 hours’ notice is required to inspect this business. Inspection times are between 10:00 and 17:00 Monday to Friday and between 10:00 and 13:00 Saturday.
Contact Dee One Property for more information.