Buriram Expats

Buriram Province - General Category => Free classifieds - For sale/for rent/wanted => Business => Topic started by: morrimar on February 12, 2017, 06:35:06 PM

Title: Restaurant for sale in Surin
Post by: morrimar on February 12, 2017, 06:35:06 PM
https://www.facebook.com/cornercafesurin/
(http://postimg.org/image/866ebg2dp/)
Do you want to settle in Isaan Thailand.
An unique opportunity to acquire a profitable restaurant in Surin. The city's most popular Westerners and Thai favorite food and restaurant in Surin one kilometer from the bus station.
- Number of seats inside 35, on the outdoor terrace 25. Easy to add, there is free space outside.
- The restaurant's Facebook page has nearly 5,000 active people who like the pages.
- Restaurant was opened in January 2013, all the time with the same owners.
- The restaurant is making profit every month, good for example family who like to have and run nice business.
- 50 % of customers are thai and 50 % foreigners.
- Sales for the last few years an average of 2 million Thb / year, fixed costs 45000 Thb / month
- Asking price 1.2 million Thb
- Life is a wave movement, now has come to the point in the waves, the owner couples paths diverge, and the time has come to take on new challenges. When something is ending there is usually also a new beginning. On the other hand it is a pity to give up a good restaurant, but hopefully we will find the site of the new owners, who keep the restaurant just as good care as we have done.
Call + 66 86 915 7260 Hannu and for more information, please hurry this for a restaurant at this price can be found in the new owner sooner than you think.
Hannu +66 86 9157260, email lyotty@gmail.com
https://www.facebook.com/cornercafesurin/
Title: Re: Restaurant for sale in Surin
Post by: nookiebear on February 13, 2017, 02:35:22 PM
A fair price IMO,best of luck Hannu
Title: Re: Restaurant for sale in Surin
Post by: secosteve on February 17, 2017, 03:27:20 PM
You never buy a business in Thailand because it is making a profit, you buy it on what you believe you can make of it. Assess the fixture and fittings, how well equipped the premises are, the length of the lease, the rent, the location, whether the current owner is setting up another business nearby and primarily, what can you bring. Some people automatically assume that if it is already making a profit, not a problem, wrong.
Title: Re: Restaurant for sale in Surin
Post by: BillH52 on February 17, 2017, 07:11:02 PM
You never buy a business in Thailand because it is making a profit, you buy it on what you believe you can make of it. Assess the fixture and fittings, how well equipped the premises are, the length of the lease, the rent, the location, whether the current owner is setting up another business nearby and primarily, what can you bring. Some people automatically assume that if it is already making a profit, not a problem, wrong.
Very accurate statement by secosteve applies not just to Thailand, but worldwide; and is especially true with restaurants.