Bangkok Trendy Restaurant
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This trendy restaurant is located in the upcoming area of Ari just by the Skytrain station and has been the home for many night-long parties since its opening just less than a year ago. The decoration is outstanding and makes the place a destination, together with a great staff team that has been trained by the best specialists in the industry that makes this business fully functional. Although the business has been opened for just a few months the figures look very good balanced by a monthly rent of only 46,000 Baht for 150 sq.m premises secured on a long lease that is due to expire in August 2019. Other overheads included a 121,000 Baht payroll and minor expenses on electrics and water.
A great job has been done on the marketing side with publications in the BK Magazine, Bangkok Post, 2 Magazine, Living ETC both online and offline, DON’T Magazine, Bangkok Airway inflight magazine, FHM and more than 10 other publications. Also counting a Facebook page with 2,600 fans, foursquare, instagram and a company email account we can say that it will be easy for the new owner to spread the news for any event to be organized. Also to be counter among the opportunities for expansion there are three major condo projects due for completion this year and that are definitely going to draw more revenue into this restaurant which is situated in the middle.
The business is ran though a Thai Limited Company legal structure holding lease and licenses which can be transferred as a whole to the new owner by a shares and directorship transfer, or the lease and assets can be taken over separately at the Buyer’s discretion. A due diligence package including company documents, lease details, photos and social media details will be sent to qualified parties. The two owners are now awaiting a baby and planned to move back to their country for family reasons which have prompted them to sadly place this restaurant on the market.
(UPDATE: With the family relocation now becoming imminent the Sellers of this restaurant have prompted a price reduction to help close a swift sale with investors)
New Asking Price: 4,300,000 Baht
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