Till salu
No 1, voted Fast Food Restaurants in Chiang Mai, by newspaper Citylife!
This well known Fastfood Franchise since 1979 in Chiang Mai have today totally five branches.
Now, three of them is available for sale to a new hungry driven entrepreneur. All figures is for two of the Restaurants 2011, since the latest Restaurant (No 3) only had been up and running since 1 Feb 2012.
A good support & training program and takeover will be given by the franchisee and franchisor.
Including in the price is also two existing protected area with the potential to open up at least 4 more Restaurants.
All of the Restaurants is in prime locations, Nimmanheimen RD, Shopping Mall (central-Kad Suan Kaew) and JJ Market.
Nimmanheimen have also a four large living/ bedrooms, bathroom above the Restaurant. That could be good for living accommodation (Need renovation).
All three leases is on 3 years year options.
Rent:
40,000 THB
21,000 THB,
15,500 THB
11-12 full time employees, in high season up to 14-15 employees.
The business for 2011 grow 5,4% from previous year (2010), and there is a huge potential market with right marketing and performance to grow even more. A new POS system is in the pipeline (included in the price) with a lot of benefits and also a customer loyalty card rolling out soon.
2011 sales for the two restaurants was 5,687,094 THB with a net income of around 600,000 THB.
Pay Roll 65.000 THB (2011, 10 Employees)
Total Assets : All three Restaurants totally assets ( 1,400,000 THB )
Deposit for rent security, inventory NOT included in the Investment/selling price.
The existing owner wishes to do a quick sell as he will be moving home as soon as possible.
Included is a Thai Co,. Ltd and one work permit included in the selling price.
A Quick selling price: 3,500,000 THB ( NEW SELLING PRICE = 2.000.000 THB)
Baht: 2000000.00