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European Restaurant In Chiang Mai For Sale

Chiang Mai, Chaing Mai, Thailand
Asking Price:
$66,000 (USD) Furniture / Fixtures included
Sales Revenue:
$112,000 (USD)
Cash Flow:
$40,000 (USD)

Restaurant business now running for 10 years for sale. Restaurant serves European food and seats 40 people. Business area is 128 square meters with a second floor not being used.
This establishment has been profitable for years and has records to show. Only open during the evening so lots of potential to increase revenue.

✅ 5 staff employed who run the restaurant without supervision.
✅ Rent: 18,000/month
✅ Profitable business and well known establishment in Chiang Mai.
✅ Reason for selling: Owner wants to retire.

Serious enquiries only.
Takeover price: 2 mill baht.

Property Information

Real Estate:

Lease

Leasehold Rent:

$7,200 (USD) per annum

Living Accommodation:

Upstairs not used. Can be renovated to become a residence.

Location:

Location on a main street near Old City. High visibility.

Business Operation

Expansion Potential:

Not open for lunch, so potential to increase revenue with more opening hours.

Trading hours:

5-11PM

Employees:
7
Years established:
10

Other Information

Support & training:

Support and training offered. However restaurant staff takes care of all day today operations.

Contact Information

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