CONTACT THE OWNER DIRECTLY ON TEL: 053 698093 or MOBILE: 089 6344249 close

Asking Price: 995,000 Baht

Quick Overview

This fully equipped restaurant is centrally located with assets & goodwill valued at 995,000 Baht.  Established in August 2006, the TTK Restaurant & Guesthouse has served outstanding Middle Eastern and Western cuisine to travelers and locals alike earning itself a reputation as one of the leading restaurants in Pai for service, convenience, taste, price & atmosphere.
With an annual gross income in excess of 1,800,000 Thai Baht, this restaurant is perfect for anybody looking to buy into a well established business in Pai, Mae Hong Son, Northern Thailand. 
The Business Premises Consists of a 2 Story Building that has 128 Sqm Indoors, 30 Sqm Outdoors and a 50 Seat Dining Capacity It also boasts a Second Floor Office with Chillout WiFi Zone which could be converted into the owners home.
The lease has been resigned in February 2014. It is a renewable contract of 5 years with the option to extend for another 5 years for a total of 10 years. The rent  (on a sliding scale that increments 10% every 3 years) is as follows:

7,150 Baht per Month FEB 14 to JAN 17
7,865 Baht per Month FEB 17 to JAN 20
8,650 Baht per Month FEB 20 to JAN 23

Facts & Figures

We have a Complete Set of Books detailing our Operational Income vs Outgoings. We are willing to show them to all Serious Investors and if  you would like to go over them, Please call us to arrange a meeting.

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Equipment & Furnishings

2 x Kebab Rotisserie Grills
2 x Stainless Steel Preparation Tables
1 x Stainless Steel Grill Plate with Hood
1 x Deep Fry
2 x Refrigerators (3 doors + 2 doors)
1 x Stainless Steel Refrigerated Bar
3 x 100 Litre Freezers
1 x Stainless Steel Wine Rack

2 x Coffee Machines and Grinder
2 x Computers
1 x Air Conditioner
6 x Wall Fans
1 x TV
2 x Microwaves
1 x Stainless Steel Washing Table
3 x Kitchen Preparation Tables

1 x Juice Machine
6 x Gas Bottles
2 x Gas Machines
1 x Rice Cooker
2 x Oven Machines (Large & Small)
2 x Bread Toasters
1 x Steel Meat Grinder
10 x Wooden Dining Tables

Reason For Selling

In its seven years of operation the restaurant has gained a good reputation among expats and tourists and has now become available for take-over because the owners find their time taken up with other ventures in town.

Amortization of Investment

Once you have access to the facts and figures you will see clearly that the amortization of your investment will occur between 3 1/2 to 5 years depending on which plan you put in place. Both plans will allow you to recoup your investment in a timely fashion as well as generating a respectable income for you and your family.

1 Month Handover/Takeover Training

For any serious investor who is looking to invest in an ongoing concern but does not know much about the restaurant business, the owner and his wife are offering a 1 month handover/takeover period where they will train you in all aspects of running the business including cooking, accounting and management.

8 Bedroom Guesthouse

Please Note: There is also an 8 Bedroom Guesthouse behind the restaurant belonging to the landlord. The buyer will be also be able to run the place after a mutual and separate agreement with the landlord.

 


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Contact
The Thai Kebab Restaurant (TTK) is Represented By: LIVE IN PAI