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Restaurant

Located on the banks of the Mae Ping River, this cosy yet lively Restaurant sits on 600 square wah (2,400 square metres) of land. The large premises can accommodate 200 customers with ease, and the business is earning net profits of 550,000 baht per annum, from receipts of 1,800,000 baht, after three years of trade. The owner is keen to move on however, due to pressing needs concerning his core business interest, and he has set an attractive asking price that represents less than two time earnings, for a quick sale. Monthly rent is only 30,000 baht for this large property that includes the restaurant itself, six small cottages for dining, a terrace area for al fresco meals and a separate house that is used for owner accommodation. Assets worth around 1,000,000 baht are also included in the sale, and these include a sound system and all equipment and furniture. The landlord's only stipulation is that a key money payment of 200,000 baht is met at each three year lease renewal.

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Thailand
Chiang mai

Financial Information

No

Company Information

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2003
6 to 10

Seller Information

Greg Lange
Sunbelt Bangkok
Bangkok,