(UPDATE! The owner has decided to reduce his required investment amount, and now seeks only 450,000 baht for his business. As this equates to only one year's profits, the listing now represents tremendous value). Health problems have forced the offering of this Phuket Restaurant and Bar. With highly original decor, the business is placed to succeed in a booming part of the city, near Nai Ham beach. Many Thais and Westerners are flooding to this area, with new homes being built constantly, and the customer base can therefore only grow. At present approximately 30% of income is registering as profit, and this equates to around 450,000 baht annual profit from receipts of 1,500,000 baht. Established two years ago, the business has total floor space measuring 130 square metres, and seats 47. Rent is 7,000 baht per month, with a new five year lease available for the new owner, with a further five year option, without further key money, but with rent increases factored in. There is ample parking (measuring 80 square metres), and the business has its own well and an 80 square metre underground secured storage space.

Posted Jan 26, 2011

Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.

By clicking "Sign Up" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.