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Restaurant Business For Sale

Restaurant Business For Sale

  • 31 Oct 2024 : 10:49 am

Are you ready to step into the vibrant world of Chiang Mai's culinary scene? Look no further than this exceptional business opportunity – a well-established Bar/Restaurant and Cannabis Dispensary, located in the heart of Chiang Mai, Thailand. A Legacy of Excellence: For three decades, this esteemed establishment has been a cornerstone of Chiang Mai's dining landscape. Boasting the prestigious title of "Best Pizza in Chiang Mai" for multiple years and consistently earning the TripAdvisor Certificate of Excellence, it has garnered a loyal following among locals and tourists alike. A Haven for Diverse Communities: Nestled within a charming teak wooden building adorned with a lush garden, this venue serves as a welcoming home for both local Thai and Western diners. Additionally, its strategic location in the bustling Night Bazaar area ensures a steady stream of visitors, drawn by its reputation for exceptional cuisine and inviting ambiance. A Culinary Journey Awaits: Experience the tantalizing flavors of our Italian/Dutch/Thai menu, meticulously crafted in-house to ensure unparalleled quality and taste. From savory pizzas to delectable Thai specialties, every dish is a testament to our commitment to culinary excellence. Unmatched Amenities and Potential: With indoor and outdoor seating, a fully equipped bar and kitchen, and recreational facilities including pool tables and a music stage, this establishment offers endless possibilities for entertainment and hospitality. Additionally, its cannabis license presents a unique opportunity for expansion into the burgeoning cannabis market. Seize Your Entrepreneurial Dreams: Whether you're a Thai/Western couple seeking a lucrative business venture or an entrepreneur eager to tap into Chiang Mai's vibrant LGBTQ+ community, this opportunity offers endless potential for growth and success. With a new 3-year lease at an incredibly low rent, the path to profitability has never been clearer. Your Gateway to Success: Priced at THB 2,200,000, inclusive of all assets, goodwill, and key money, this turnkey business opportunity promises a rapid return on investment, with options for work permits facilitating a smooth transition of ownership. Don't miss your chance to own a piece of Chiang Mai's culinary and cultural legacy. DESCRIPTION ESTABLISHMENT Indoor: 35+ seats, big TV's, 2 excellent high-end pool tables, dartboard, music stage. Outdoor: 35+ seats, parking space for 15-20 scooters in house. Fully equipped bar & kitchen Storage room Toilet Building Extra: Websites, Social Media profiles. NUMBERS Cost of operating (80K): Rent 20K Staff (4) 50K Electric/water/internet 10K This business will come with a new 2-year lease with an incredible low rent for a place of this size, only 20.000b p/m. 2 year contract with an option to renew (Rolling Lease). ROI is 1,5 - 2 years