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Exclusive Upscale Restaurant and

THB 6500000

For Sale






Exclusive Upscale Restaurant and
Cocktail Lounge in Pattaya
Listing No. 66 0936

• Business: Restaurant and
Cocktail Bar
• Location: Pattaya, Thailand
• Building: Single Floor, Retail
Space second level
• Size: 200m2 on one level
• Features: Large restaurant, with
comfortable seating for 65. It has an
extremely pleasing design created by
international architects. A unique
concept, with high end furnishings
and materials used throughout. This
recent patron summed it up online as
follows: `This is a very cool spot on
the second level of a private building
… It has a great selection of hip
and trendy cocktails as well as a nice
and delicious selection of tapas for
noshing. It`s decor is `vintage`
contemporary with a live DJ spinning
music selections with a great dance
beat. A fun place for after work or
dinner entertaining and worth your
time to pay a visit`. Being only
reasonably new, there is potential to
gear up marketing efforts to increase
• Options: This business is
owned and leased in a Thai Limited
Liability Company 4 million baht ,
which may be transferred to the new
owner if required
• Tenure: Leasehold, 3 years
renewable 3+3+3
• Staff: currently 5 staff, with a
combined monthly payroll of 85,000
• Licenses: Food, Alcohol,
Tobacco and Music Licenses are
current and are provided in the sale
• Stock: Stock remaining at time
of settlement is included in the price
• Online: The restaurant has its
own professional website and Face
Book page 4,000+ followers . Rated
in Trip Advisor in the top 3% of
`Restaurants in Pattaya`.
• Rent: 100,000 baht a month
• Utilities: About 25,000 baht a
• Car Parking: Customer car
parking for about 10 cars nearby
• Business Operational: Yes –
since December 2014
• Transition: The owner will
assist in transitioning the business
for a short period after settlement, if
• Reason for Selling: Partner
returning to the UK
• Revenue: About 200,000 baht a
• Net Profit: About 60,000 baht a
• Financials: May be made
available to genuine buyers, only
after inspection
• Asking Price: 6.5 Million Baht
• Price Negotiable: Yes, near
offers will be considered
• Security Deposit: 250,000 baht
already lodged with the landlord and
not required to be paid by the buyer
if buying the business with company.
Subject to compliance with the rental
agreement, refundable upon
termination of lease agreement
• Key Money: N/A
• Sale Terms: 10% deposit to
secure the business and remove it for
sale and the balance within 30 days.
Ownership does not transfer until
payment has been received in full
• More Information: Further
details will only be provided after
• Inspections: 24 hours` notice
required to inspect this business.
Inspection times are between 1800
and 1900 Tuesday to Sunday
• Agents: No Agent inquiries



Restaurant business thailand