Rare opportunity to find a house with /AC dining room, terrace al fresco, sala, fish pound, beach bar, and open lounge on the first floor in the area of Sathorn with a rent much below market lease
Country: | Thailand |
State or Province: | Bangkok |
City: | Bangkok |
Location Zip or Postal Code: | 10120 |
Service Type: | Sit-Down Table Service |
Title of Listing: | FRENCH RESTAURANT SATHORN FOR SALE |
Year Established: | 2017 |
Number of Locations: | 1 |
Number of Seats: | 51-150 |
Size: | 300, Square Metres |
Patio: | Yes |
Number of Employees: | Less than 10 |
Hours of Operation: | 5:30 pm - 11:30 pm |
Growth or Expansion Opportunities: | Possibility to rent next year a store next to the restaurant in order to have a direct access from the street |
Reason for Selling: | The owner doesn't have enough time to manage the business as it should normally have done and so is looking to sell it. |
Owner Operated or Absentee Owner or Flexible: | Owner Operated |
Training Provided: | Yes |
Link to Facebook Page: | https://www.facebook.com/bysita/ |
Link to TripAdvisor Review Page: | https://www.tripadvisor.com/Restaurant_Review-g293916-d12711818-Reviews-KUTAI_Seafood_French_Cuisine-Bangkok.html |
Website: | www.kutairestaurant.com |
Asking Price: | $140,000 |
Gross Revenue Range: | Under $500,000 |
EBITDA Range: | Under $100,000 |
SDE Range: | $100,000 |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Inventory Value included in price?: | Yes |
Asset or Share Sale: | Flexible |
Real Estate Owned or Leased: | Leased |
Lease Term Remaining: | On a one-year lease, renewable yearly without a rise in rent until 2025 |
Total Monthly Rent: | $470 |