Restaurant and Bar in Srinakarin, Bangkok for Sale
Price Reduced
Listing ID:
066-01-43-999
Listing Type:
For Sale and Rent
Listing Categories:
Food and Beverage
Bar : Cafe : Restaurant
Bar : Cafe : Restaurant
Region:
South East Asia
Location:
Prawet,
Bangkok,
Thailand
Features |
| Excellent growth history Kitchen Inside and outside seating Quality equipment and furnishings All documentation provided |
Listing Description |
| Located close to the Yong Charoen Market in Srinakarin, this very large (about 200m2) ground level venue has been trading since 2012. Initially, under different ownership, it was a Coffee Shop and Book Hire, but was converted into a Cafe, Restaurant and Bar in early 2023 when the current owners purchased it. It has inside (air-conditioned) and outside seating for about 80 customers in comfortable lounge seating, and trades from 5pm till late every day.
The kitchen has all of the necessary equipment to produce a wide variety of Thai and foreign foods. The frontage of the building is 7m wide and there is parking outside for motor bikes and delivery trucks. There is a large amount of passing traffic - both foot and vehicles. The cafe and bar service area is well set-out with an espresso coffee machine, two upright glass-front fridges, rack shelving for display of spirits and liqueurs, ice box, sink (with a separate filtered water tap), cash register and with plenty of cupboard storage. There is bar counter seating around the service area. Rent for the size and location of this venue is normal and, coupled with electricity and wages, means the business only has to produce sales of about 160K per month to break even (including COGS). Currently, it is staffed by the owner, 2 wait staff and a cook. There is no company offered with this sale as the owners operate it as a non-registered partnership. The business is being offered for sale as the owners have other business interests. Normal transition applies - social media accounts, equipment documentation, assistance with utilities transfers, menus, recipes, contacts, training as required, logos, etc. The business may be inspected and/or discussions with the owners may occur by booking a face-to-face appointment with Asia Business Brokers a few days in advance. Records will be supplied if you feel like you would like to purchase the business after you have inspected, but not before. The owners are not interested in online meetings or potential buyers who are not currently in Bangkok or ready to purchase in all respects. The landlord does not charge Key Money. |
Business Details
Listing Type:
For Sale and Rent
Asking Price:
THB 590,000
Negotiable:
The Price is negotiable
Stock / Inventory:
Stock at the time of settlement is included in the Asking Price
Property Details
Tenure:
Leasehold
Tenure Period:
3 years
renewable
Rent:
THB 40,000 Monthly
Security Deposit:
THB 80,000 (In Addition to the Asking Price)
Land & Building Details
Building Type:
Retail Shop
Furnishings:
Fully furnished and Equipped
General Details
Available:
Now
Inspection / Meeting Times:
Monday to Friday 1300 to 2000 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.
