EBT1043 – Popular Bangkok Wine Bar and Restaurant For Sale

After spending the last five years winning the hearts of wine and food lovers from all over the world, the owner of the popular Bangkok wine bar and restaurant has decided to sell the well-known and profitable business as he needs to relocate for family reasons. The beautifully decorated 350 sq. meter premises has 90 seats with numerous private areas that can provide more intimate settings. Over the past five years, the business has gained many favorable reviews on the food and wine menu in numerous Thai and foreign language publications. 2007 financial performance showed sales of approximately 18,000,000 Baht, which after payment of rental at 91,000 Baht per month, payroll for the 12 full-time employees of 180,000 Baht, and all other monthly expenses, brought a net profit of over 3,000,000 Baht. With an asset value of over 5,000,000 Baht and a large inventory of wine valued at over 1,500,000 Baht, the owner is now asking a reasonable 10,000,000 Baht for the business. This is an excellent opportunity for anyone looking to get into the food and beverage business, especially wine lovers, as the easy to reach location is in an area that will be seeing a large influx of both well-heeled residents and office executives in the very near future. 

Asking Price: 10 Million Baht