Popular Sukhumvit Russian Restaurant For Sale

[SunbeltAsiaAdvisor]

A popular Sukhumvit based Russian restaurant and bar is now available as the owners plan to relocate. Centrally located in the Asoke area, this business was started from scratch in 2010 and has enjoyed steady growth to date. The business occupies a four storey building with a separate bar, two themed private rooms, a karaoke lounge and a games area. The menu consists of a mix of Russian, Uzbek and Thai dishes and the bar is stocked with liquors from around the world. The private rooms are air conditioned and have their own sound systems and intercoms from which food and drinks can be ordered. The business can seat up to 60 guests and there is parking located nearby.

There are currently 7 employees with a total monthly payroll of 85,000 Baht. The premises was re-furbished when the owners took over in 2010 and the approximate value of the furniture and equipment is 400,000 Baht. A large flat screen television is located in the bar and the business has become famed for its Ice Parties, during which diners drink Russian vodka from an intricately carved ice block. The Karaoke room features a high powered sound system and a flat screen television with a selection of over 20,000 songs available. The monthly rental for the premises is 60,000 Baht and yearly revenue currently stands at 3,000,000 Baht, from which a net profit of 800,000 Baht was generated. A limited company is included in the sale price, with availability for one work permit.

Asking Price: 3,500,000 Baht

BKK14255

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