Restaurant and Bar for Sale and Rent in Hotel near Asoke
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  • Restaurant and Bar for Sale and Rent in Hotel near Asoke
For Sale and Rent

Restaurant and Bar for Sale and Rent in Hotel near Asoke

Listing Number:

  • 066-01-49-049

Asking Price:

  • ฿ 7,500,000

Food and Beverages Restaurant
Thailand Bangkok Watthana Sukhumvit

Business Details

Company:

  • A 4 Million THB Limited Liability Company is included in this sale offer if required.

Current Staff:

  • 14 Full-Time Salaried

Licenses:

The following licenses are included:
  • Food
  • Tobacco
  • Music

Seating Capacity:
Seating for approximately 85 at:

  • Standard Tables
  • Al Fresco (Street/Terrace)

Average Monthly Electricity:

  • ฿ 36,000

Average Monthly Water:

  • ฿ 1,000

Property Details

Tenure:

  • Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease). Next renewal will be on 1 August 2021

Rent:

  • ฿ 200,000 per month. Payable monthly in advance

Connected Utilities:

  • Power
  • 3 Phase Power
  • Water
  • Internet
  • Satellite

Stock:

  • Stock may be valued at Cost Price at the time of settlement and transferred to the new owner at Cost Price, if required

TV:

  • 3 Screen/s.

Internet:

  • Connected at the cost of ฿ 600 per month. Wifi Enabled.

Security:

  • ฿ 3,000 per month

Price Negotiable:

  • Yes, near offers will be considered

Agent's Comments

The host 130-room hotel opened in 2018 and this on-site restaurant does all the F&B, including room service and buffet breakfasts for its guests. As part of the deal with the hotel, the restaurant receives a minimum of 30 breakfasts per day priced at THB 140 a cover, however the restaurant must be open from 5.30am - 10.30am for guests in the hotel. There are no other operating hours restrictions and a new owner can open for lunch and dinner also as would be normal. The restaurant is currently being advertised on TV in all the rooms, along with menus in each room for room service. In terms of cuisine, it is suitable for many different types and it even has a pizza oven installed. There is ample seating inside and outside on the terrace for customers to eat or grab a drink. There is also TV throughout that offers free international channels (including sports) from the hotel for guests to watch. The 4 THB Million registered company is included in the sale and all licenses and the current lease agreement are under the company name making it very easy to transfer. The brand of the restaurant is not included in the sale, but in all other respects it is turn-key and ready for a new owner to walk in and start operating from day one.