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Sunbelt Asia

French Restaurant In South Pattaya

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This nouvelle French restaurant is located in a busy area of South Pattaya, walking distance from the beach and a short ride away from the famous Walking Street and has been in business for over ten years. The restaurant is conveniently located on a busy street and has a good reputation with both tourists and expat residents.

The cozy restaurant, decorated in a country French style, seats 32 people and serves French, Thai and European food. Open daily form 11 a.m to 11 p.m. the restaurant has four full time employees drawing a total monthly salary of 52,000 Baht.

The business has a monthly rental of 15,000 Baht with a 2 months security deposit. Although the current lease expires in 2013, it is renewed on an annual basis with the rent being paid for one year in advance. The restaurant enjoys an annual profit of 960,000 Baht and inventory, valued at 100,000 Baht is included in the sale.

The current owner is selling due to business interests in Bangkok that take up the majority of his time.

ASKING PRICE: 2.5 million Baht

BKK14421

[sunbelt][/sunbelt]

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