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Restaurant In Patong For Sale

Patong, Phuket
Asking Price:
$55,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
$50K - $100K (USD)

This restaurant was completely renovated last year with new equipment. The Brand New Restaurant for Lease Patong Phuket features a fully equipped kitchen, 2 rooms for staff, and a total of 40 seats. The kitchen is equipped with stove, electric oven for pizza 2 floor, 2 deep frier, dishes, wine cellar, etc. The restaurant has a good international clientele.

-Restaurant area: 80 Sqm
-First floor/Store: 20 Sqm
-2 bedrooms and 1 bathroom: 70 Sqm

- Asking price: 1,900,000THB negotiable
-Rent: 50,000THB paid on monthly basis
-Contract: 3+3 years with option to renew without extra payment (5 years left contract)

The images are provided for illustrative purposes only and do not concern the current business. Photos, exact location, and financial information will be available during the inspection of the property.

Property information

Real Estate:

Lease

Lease Terms:

5 years left with an option to renew

Leasehold Rent:

$18,000 (USD) per annum

Living Accommodation:

2 bedroom for staff on the second floor

Location:

Located in the center of the city near the unique shopping mall.

Size in square feet:
1,830

Business Operation

Expansion Potential:

The restaurant is just running for 8 months.

Reasons for selling:

The owners selling because the partner that takes care of the business going back to his country for personal issues.

Employees:
4
Years established:
2017

Other Information

Support & training:

yes

Furniture / Fixtures value:
$45,100 (USD) - included in the asking price

Contact Information

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