Restaurant For Sale
Location Thailand
Asking Price Range $250K - $500K
Gross Revenues $461600
Net Profit / Cash Flow $99000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Description This Phi Phi Island restaurant has been operating for more than 5 years in one of the busiest locations on the island. The premises measure more than 200 sqm and can seat 60. The lease for this major restaurants on the island still has another 12 years.
The overhead reflects the size of the venture, with a monthly payroll of 100,000 Baht for 11 full time employees. Rent is 75,000 Baht per month while' food costs run around 35,000 Baht. Owing to it's island location extra costs include water at 50,000 Baht a month, electricity at more than 60,000 Baht a month and food delivery costs. Annual sales reached 14 million Baht with a cash flow of 3 million Baht.
A unique opportunity to buy into a restaurant on one of the most popular beach destinations in Thailand as the owners are starting a new project.
ASKING PRICE: 11 million Baht
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