Need help?

Restaurant for Sale in Bangkok, Thailand

Korean BBQ buffet restaurant with 3 branches is for sale in Bangkok.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 1.67 million
Run Rate Sales USD 1.88 million
EBITDA Margin 15 %
Industries Restaurants
Locations  Bangkok
Local Time 8:00 PM Asia / Bangkok
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 960 thousand (Native Currency: THB 30,000,000)
Reason: With the owner’s child pursuing higher education back in Korea, the owner seeks to hand over the est... View More
Includes physical assets worth USD 770 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
1. Promoter experience & history.
- Led by a Korean founder: The business was established and scaled by a Korean national, ensuring the brand maintains an "authentic" positioning that competitors struggle to replicate.
- 8 tear track record: The first store was launched 8 years ago. The founder has successfully navigated the business through multiple cycles (including the pandemic era) and expanded to 3 branches.
- Codified IP: The founder has created proprietary founder-codified recipes, meaning the IP is transferable to a new owner and not dependent on a specific chef's intuition.

2. Revenue model.
- High-volume buffet model: The core revenue stream is an all-you-can-eat service positioned at a mainstream price point.
- Discount-averse strategy: Unlike many buffet chains that rely on heavy promotions to drive volume, this business drives recurring traffic without reliance on margin-eroding discounts.
- Turnkey cash yield: Two of the three branches are fully mature, past their payback period, and generating stable monthly cash flow.

3. Clients & demographics.
Target profiles: The customer base is a mix of volume drivers and brand validators:
- Students & office workers: Providing high foot traffic during weekdays.
- Families: Core weekend demographic.
- Korean expats: A key demographic that validates the food’s authenticity to the local market.
- Locations: Strategically placed in "Bangkok's busiest areas" with dense student and office foot traffic.

4. Business relationships & operations.
- MOU labor pipeline: A critical operational asset. The company has an established referral network for MOU serving assistants. This minimises recruitment friction, a major pain point in the Thai F&B sector and ensures consistent staffing across branches.
- Supply chain controls: The business utilizes strict supply chain controls to maintain quality across multiple locations, implying established vendor relationships.

5. Financial snapshot.
- Revenue trend: Consistent growth and stability.
2 years ago: THB ~50M.
Last year: THB ~52M.

6. Awards & recognition.
Brand equity: The primary accolade listed is the 8-year brand goodwill and established recognition among the Korean expat community.
Products & Services Overview
1. The core product:
The business does not sell individual plates; it sells a time-bound, All you can eat experience. The offering differentiates itself from generic competitors through two distinct value drivers:
- The goods (authenticity): The food product relies on proprietary founder-codified recipes. This implies a proprietary marinade or supply chain advantage that maintains the Authentic Korean flavor profile, distinguishing it from localized/fusion competitors.
- The service (hands-on operations): Unlike many budget buffets where service is minimal to save costs, this company’s product includes "hands-on table service, " specifically proactively changing BBQ grill pans. This solves a major pain point in K-BBQ dining (burnt pans ruining meat) and elevates the perceived value of the meal.

2. Who uses it: A customer base that provides both high-volume cash flow and brand validation:
- The volume drivers (students & office workers): These groups are price-sensitive but high-frequency diners. They populate the restaurant during lunch and post-work/school hours. The locations are specifically chosen in "dense student-and-office foot traffic areas" to capture this demographic.
- The margin contributors (families): Likely the core weekend demographic.
- The validation group (Korean expats): Popular among Korean expats and their patronage validates the "authenticity" claim, which is a powerful marketing tool to attract the local Thai mass market.

3. How: Customers utilize this business as a high-frequency dining staple rather than a special-occasion luxury.
- Price positioning: The business operates at mainstream price points and competitive price positioning.
- Recurring traffic: The business drives recurring traffic without reliance on margin-eroding discounts. This suggests customers use the service habitually (e. g. , weekly or bi-weekly team lunches or family dinners)
- Efficiency: The "MOU labor pipeline" suggests the business model is built for speed and volume, allowing customers to get a full service experience without the bottlenecks of understaffed venues.
Assets Overview
- Operating asset.
■ Three fully operating branch setup with management in-place.
■ All fit-outs and core systems included (grills, exhaust/smoke extraction, air-con, kitchen + dining assets).
- Brand asset.
■ An 8-year Korean BBQ buffet brand with established recognition and goodwill.
■ Existing customer base across three branches.
Facilities Overview
Business operates 3 branches in rented facilities across Bangkok.
Capitalization Overview
Business doesnt have any liabilities.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
12 Buyers viewed this Business this month. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more

    Chat with Us
    Welcome to SMERGERS