02/05/2017
Chumphae is FOR SALE or RENT
Sale: 500.000 THB
Rent: 75.000 THB (incl. building rental, internet but not include utilities like gas, water and electricity)
Both options include training provided (if needed)
This established European Food Restaurant is for sale as owner needs to sell due to other commitments. Can easily convert to any concept.
This European restaurant for sale is located in Chum Phae, Khon Kaen on 300 square meters of floor space, divided over 3 floors and a terrace and the rent (building 3 floors incl. 2 owner/staff rooms) is only 15.000 THB per month. The restaurant seats 34 guests inside and 16 outside. Reconfiguration of the dining room will allow use of a bar top and better utilization of the Food & alcohol license. The transfer of this nicely equipped European Restaurant for sale by the owners includes all assets and inventory/stock. It means, that you can walk in, and start your restaurant immediately. This European restaurant is one of four better restaurants in an area that attracts a wide array of customers. The other restaurants include Asian, Suki, Fast Food and pizza concepts. This European restaurant for sale compliments the other offerings and helps attract customers to the town.
Average daily traffic counts on this very busy road directly in front of this strip center exceeds 20,000 vehicles per day. Parking is never a problem as there is ample street parking and a large parking lot. The area has a large commercial and residential population so there is no shortage of people to feed both day and night in this popular area. The restaurant for sale has just recently added Ice cream and it has been very successful.
The fully equipped commercial kitchen at this restaurant for sale has everything you will need. The exhaust is built into the roof, and the equipment package includes a flat top, 2-eye burner, double fryer, Large Grill top, Microwave-grill, Rice cooker, Grill ovens and large Pizza Oven. The restaurant features natural gas for all cooking equipment. This is a very large savings for the operator. The refrigeration includes a double glass door refrigerator and chest freezer, and other commercial refrigeration units.
This European restaurant for sale has a menu that attracts locals and tourists throughout the area. All items are authentic and feature Beef, Chicken, Pork, and Seafood. Artisan Pizza’s, fresh salads, soups etc. The Pizza is homemade and regardless the Pizza Company franchise close by, a lot of customers appreciate the Italian style home-made pizza’s we make. All recipes will transfer and the owner will stay for one to two weeks to train the new owner.
As this business is being offered as an asset sale. Minimal books and records (XERO) are available now. The owner has priced the business on assets. Your benefit in purchasing this turnkey business is that you will be making money on day one. Buy the business and turn the key and you are open for business. You do not have to worry about permitting, drawings, or zoning. It’s as simple as it can be.
The restaurant has an established name and even we serve mainly European food, our customer base is for 80% Thai/local. But since most hotels do not serve a decent breakfast (or) dinner, hotel guests from several hotels eat their Breakfast and other meals at our restaurant.
With a decent guest-base of regulars, average sales come to about 120.000 to 180.000 THB Per month. On average the restaurant monthly overhead (Rent, utilities etc.) comes to about 50.000 THB leaving a reasonable income/wage monthly. We manage the restaurant as a family business (Husband-wife & Daughter) we can work without additional staff. Besides the main road (towards Chaiyaphum), the Tesco Lotus on 200 Meters, PTT Gas Station on 100 Meters and a large hotel (Major Grand) at 300 meters. As well as downtown at 2 kilometers. We have a good web presence through a website and social media such as page and other social media. From time to time we have had commercial on local radio stations and sign post through-out the town.
The city itself is growing fast with a even so fast growing expat community. The city is set to become Thailand’s newest province and thus the city will become the province it’s capital.
Sales price is all inclusive (incl. rental deposit and training)
If you have any questions, please do not hesitate in calling or emailing us.
