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Profitable Bar for Sale in Phuket, Thailand

Thai restaurant cum bar serving Italian cuisine, with 50+ covers, located near Naiyang beach in Phuket.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 108 thousand
Run Rate Sales USD 37 thousand
EBITDA Margin 40 %
Industries Bars + 1 more
Locations  Phuket
Local Time 4:45 AM Asia / Bangkok
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 83 thousand (Native Currency: THB 2,700,000)
Reason: Business owner is relocating to Italy.
Includes physical assets worth USD 31 thousand
Interested to connect with advisors
Documents
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Business Overview
- Thai restaurant cum sports bar serving Italian cuisine, with a large dining space located in the heart of Naiyang beach in Phuket.
- We have a large dining space with a patio area to seat 50 + covers.
- Have a total capacity to accommodate 65 people.
- Hold a valid alcohol license for serving alcoholic drinks.
- We provide delivery services at up to a 5km radius from the restaurant.
- Currently, we receive more than 15 walk-ins a day.
- Pre-COVID we were receiving 40+ walk-ins per day.
- Revenue has dropped due to the ongoing pandemic crisis.
- Also, host private parties on request.
- Restaurant had a good footfall and had several tourist visitors visiting the place before the pandemic.
- Not tied up with any online delivery services.
Products & Services Overview
Full bar with many cocktails, good wine list, bottle & draught beer, large extensive menu with good pizza selection.
Assets Overview
The furnished bar/restaurant with a fully operational kitchen, wood-burning pizza oven & rotisserie oven, kitchen fridge, and bar stools.
Facilities Overview
Leased space of approximately 1,200 square metres with an annual lease THB 2,20,000.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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