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 Thailand Pattaya Investments Restaurants Business for Sale Restaurant Business for Sale
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   Specification of the Business Code : EF0807048
Category of Business : Restaurant
Full Category of Business : Pattaya Italian Restaurant Lease
Type of Sale : Leasehold
Location : North Pattaya, Pattaya, Chonburi, Thailand
Purchase Price : 3,250,000 Baht
Base Monthly Rental : 20,000 Baht
Security on Lease : 60000
Terms and Conditions :
Bldg Size :
Seats : 50
24Hrs. Security :
No. Employees : FT: 4 PT:
License Required : yes
Parking : Street
Days Open : 6
All trade fixtures and equipment included except the following items :
Established : 3
Furniture, Fixtures & Equipments (Current Value In Baht Included in Purchase Price : 0 Baht
Inventory at Cost : 0
Gross Annual Cash Receipts Seller can prove : 0 Baht /
Net Annual Profit (After Expenses) (Seller can prove) : Baht /
Annually / Once Only : 0 Baht
Additional Terms :
 
Business Description:
Pattaya Italian Restaurant Lease
Having been established for three years, the authentic Italian cuisine and the ambiance of this well known dining place for tourists and residents, has made it a very popular venue. Its excellent position on North Pattaya’s busy Second Road, is complimented by street parking, and financial details will be made available directly to potential buyers by the business owner. The basic lease payments are 20,000 baht monthly, plus ‘key-money’ which is payable at the rate of 120,000 baht per year, and the lease is annually renewable.

This 50-seat restaurant has a large following of regular customers, and also a lot of custom from tourist visitors to Pattaya, and the four highly trained, full time staff, (who draw 50,000 baht monthly), want to stay on in their current positions, under the new owner. As the restaurant is currently only open 6-days a week, from 5.00pm - midnight, there is plenty of opportunity for expansion under new management. This specialized food and beverage business, represents a good money making opportunity for the right buyer. “Net Annual Profits Are An Impressive 2.4-million baht” – Sale 3.25-million baht.
 
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