Restaurant and Bar in Excellent Bangkok Location for Sale
Price Reduced
Listing ID:
066-01-49-365
Listing Type:
For Sale and Rent
Listing Categories:
Food and Beverage
Wine Bars : Restaurants : Bars
Wine Bars : Restaurants : Bars
Region:
South East Asia
Location:
Watthana,
Bangkok,
Thailand
Features |
|   Established and well-known   Inside and outside Seating   Fully Staffed   Profitable   Point of Sale   Main Road Location   High Foot Traffic area   Retail Shopping Nearby   Night-time Entertainment Area |
Listing Description |
| This well-known restaurant and wine-bar is in an enviable location on a main road in Sukhumvit very close to major hotels and up-class condominium buildings. It has excellent foot traffic and was established in that location in 2014.
The owner is looking to retire and is offering this business as a viable going concern. Profitable, staffed, equipped, stocked, licensed - it is ready to transfer. Seating is inside and out on the ground level only for about 83 people. The working area is about 160m2. Rent for this location is reasonable and is direct leasehold with a standard 3-year renewable lease. The business is being offered with a Thai registered company (2 mil Baht capitalization). Asking price includes stock on hand at the time of transfer and the owner or representative will assist with transitioning. Financial records are available and may be viewed upon Inspection and after completing a Non-Disclosure Agreement (NDA). |
Business Details
Listing Type:
For Sale and Rent
Asking Price:
THB 4,000,000
Negotiable:
The Price is not negotiable
Stock / Inventory:
Ready use stock at the time of settlement is included in the asking price
Property Details
Tenure:
Leasehold
Tenure Period:
3 Years
renewable
Rent:
THB 338,000 monthly
Security Deposit:
THB 1,312,000 (In Addition to the Asking Price)
Key Money:
No
Land & Building Details
Building Type:
Retail Shop
Furnishings:
Fully Furnished and Equipped
General Details
Available:
Now
Inspection / Meeting Times:
Any day between midday and 7pm by appointment
Inspections and/or meetings with owners are strictly by appointment only and should be booked at least two working days in advance. A non-disclosure agreement needs to be provided prior to confirming the inspection/meeting.
Inspections and/or meetings with owners are strictly by appointment only and should be booked at least two working days in advance. A non-disclosure agreement needs to be provided prior to confirming the inspection/meeting.
VISAs / Working Permits (Foreign Buyers):
Buying a business does not, in itself, entitle you to a VISA or work permit. In ALL countries, there are additional requirements and approvals needed. If you are uncertain about your entitlement to live and/or work in Thailand, you should seek independent legal advice prior to pursuing purchase of this listing.
Accuracy of Data and Due Diligence:
While we regularly ask Sellers to review their listing to ensure the information is correct, information may change from time to time. Responsibility for validating information regarding this listing and conducting due diligence is the responsibility of prospective Buyers.
