City well Known Pizzeria & Restaurant located in the southern east coast of Phuket.
This working business is for sale at 3,000,000 Thai Baht.
Monthly rental is only 26,500 Thai Baht.(Rental increase 15% Every 3 Years)
Contract duration will be 3+3 years with oportunity of a third 3 years.
Currently grossing a total estimated 10,500,000 Thai Baht and nets over 4,500,000 Thai Baht.
Established since 6 years is located on along busy downtown tourist region. Currently seats over 50 customers and is operating with 9 employees in place.
Can be operated as a semi-passive income opportunity with full time manager in place!
Thailand is a tropical climate and beautiful beaches and scenery. Property is affordable and appreciating rapidly.
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Property Features and Assets:
Restaurant is approximately 120 Square meters . Seating 40 inside and 10 outside for a total of 50.
Reason for Selling:
Owner is selling due to health.
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.