Restaurant For Sale
$134,000
0109945 Operational Hostel and Restaurant for Sale Bangkok
Bangkok, Bangkok, Thailand
600 sqm
Year Built: 0
Listed By: Asian Business Brokers (thailand) Co., Ltd
Listed On: 07/31/2023
Listing ID: GL3614924
Description
0109945 Operational Hostel and Restaurant for Sale Bangkok Listing No. 066-01-09-945 • Business: Hostel and Restaurant • Location: Bangkok, Thailand • Features: Fully operational and staffed, this 71-bed hostel and restaurant has been trading since 2021. It is conveniently located in Suriya Wong just off a main road and about 500m to public transport (Chong Nonsi BTS). MRT Samyan is about 1km away. The leased building is modern and in good order. It has a wide frontage (8m) and the reception and restaurant on the ground level are airy and inviting. There are 22 rooms spread over the 5 levels. The restaurant seats 20 diners at 6 tables. The business is fully staffed with full-time and part-time employees. Being a seasonal business, monthly profit varies between THB 40,000 and THB 150,000 depending upon the time of year. Financial records are available for viewing after inspection and are easily verified as nearly all transactions are done through the business bank account. The owner is offering the business for sale due to other business commitments. Fixed assets account for around THB 530,000 of the reasonable asking price. The Security Deposit lodged with the Landlord (THB 100,000) is in addition to the asking price. Assets include kitchen equipment, signage, fit-out, beds, linen, furnishings, etc – everything needed to step right in without disruption to business. The kitchen is particularly well set-up being fitted-out mostly with stainless steel. The business makes food available via online delivery companies and this revenue stream is now well-established and growing. The business is operated within a THB 2,000,000 Limited Company and this company (allows for the application of one foreigner Work Permit under a Business VISA) is included in the sale offer. The owner will assist with transition over a reasonable time period including the transfer of food, alcohol and accommodation licenses. Stock at the time of settlement (normally around THB 20,000) is included in the asking price. The Landlord does not require key money. Tenure: Business for Sale. Leased Premises 5 years with option to renew • Asking Price: THB 3,750,000 • More Information: Please provide your name, phone number (with country code) and email address so we can contact you to assist
