Listing: EBT1023   List Price: 4,500,000 Baht
 

Sukhumvit Fast Food Franchise Restaurant For Sale

Business specifications
Business Location: Country / City, Thailand / Bangkok
Business type: Food and Beverage
Years in Business: 4
Years with Current Owner: 1
Number of employees: 9
Lease / Real Estate Information
Monthly Rental: 170,000 Baht
Size in Square Meters: 94 inside and 10 for Balcony
Parking: Yes
Lease Term: 3 years
Lease Expiration Date: May 2010
Option on Lease: 3 years
Security on Lease: 510,000 Baht
Year Acquired: 2007
Hours / Days Open: 24/ 7 day
Financial Details
Annual revenue: 8,500,000 Baht
Annual Profit: 1,200,000 Baht
Estimated Asset Value: 4,200,000 Baht
Monthly Rental: 170,000 Baht
Monthly Payroll: 100,000 Baht
Required Licenses: Yes
FF&E Asking: 4,200,000 Baht
FF&E Included: Yes
Security Deposit: 510,000 Baht
Asking Price: 4,500,000 Baht
Reasons for selling

Owners have committed to new and unrelated business opportunity which requires their time and investment.

Business Description

Asking price reduced...now only 4,500,000 Baht.

EBT1023 - Located in a very high-traffic part of busy Sukhumvit Road, this 4 year old internationally recognized western fast food franchise has just recently become available for acquisition.  Situated in a highly visible 94 Square meter premises within a high-rise residential and commercial complex, the business enjoys brisk trade from hotel, office, and condo tenants as well as from passing traffic on the busy thoroughfare in front of the outlet.  As the sellers have decided to move onto a larger but unrelated project, they are now willing to pass on a business that has brought in 8,500,000 Baht in revenue over the last 12 months and very good growth prospects to a new owner.  After payment of all expenses, including a total monthly payroll for the 9 staff of 100,000 Baht and monthly rental of 170,000 Baht, the business shows a net profit of 1,200,000 Baht.  With assets and build-out worth a combined 4,200,000 in good condition, the owners have set an asking price of 4,500,000 Baht in order to bring on a quick transfer.  All interested parties are encouraged to inquire with Elite Business Group to learn more about this well-located Bangkok business opportunity today.

Total Investment:    4,500,000 plus deposit with building