Well Known International Food Franchise For Sale

Business description

This Fast Food Franchise has a unique location inside an amusement park in Bangkok. At present there is only one shop, but the management of the amusement park have recently expressed interest in the opening of a satellite outlet. The location is well known amongst foreigners and locals alike, as is the well known and very popular American originated franchise group. The company has more than 2,000,000 baht in registered capital, thereby providing a work permit and visa, and it also has a 200,000 baht VAT credit along with a reduced licensing agreement with the franchise group. The store was only recently opened, but forecast annual receipts of 2,700,000 baht are set to yield net profits of 480,000 baht in the first year of trade. Nevertheless, the owner is looking to move on as he has no time to devote to the enterprise. The main overheads, after food and beverage costs and utility bills are taken into consideration, are monthly rent of 25,000 baht and monthly salaries totaling 36,500 baht. The shop measures 47 square meters and seats 30 customers. A long lease has been negotiated, and this does not expire until 2016 if the options to renew are taken up every three years. An initial investment of just 50 percent of the asking price will be deemed appropriate to effect a business transfer, with the balance of the sale price payable in installments.

Property information

Real Estate:

Lease

Location:

This business is located in an amusement park just outside of Bangkok proper.

Other information

Support & training:

Full furnished by the current owner and franchise alike.

Trading hours:

9:00 to 8:00

Financing available:

The owner is willing to finance 50% of the asking price over a term to be determined at closing.

Inventory / Stock value:

$35,000

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