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Successful Beachfront Cafe And Apartment Business In Thailand For Sale

Sattahip, Chon Buri
Asking Price:
$3,500,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
$250K - $500K (USD)

This Cafe and Apartment business has being built up over 20 years. Located on a unique piece of beachfront in Thailand's Eastern Seaboard and catering primarily to the Expat and Foreign Resident markets, additionally the booming hotel and resort market close by are now complimenting this business.

The Cafe is located at the high tide line on the beach, and covers 200sq/m. present seating for 50 person with room for expansion.The main feature of our business is Wood Fired Pizza and a rare unique seaside ambience.

Directly opposite the Cafe is the Drifters Apartment building. This is a 5 story modified "shop house" type structure consisting of 3 Apartments (2 x 140sq/m, 2 bedroom and 1 x 240 sq/m, 3 bedroom). These are presently offered as "long term" (yearly) rentals.

Further information available upon request, please contact seller below for more details.

Property information

Real Estate:

Real Property Included

Living Accommodation:

Apart from the 3 Apartment units there is an additional Bungalow above the restaurant

Location:

Drifters Beach Cafe and Apartments is located on prime beachfront land just outside of Pattaya Thailand

Premises Details:

The Apartment Block (Drifters Co Ltd) is situated opposite the Drifters Beach Cafe. Thsi s "free hold" title. The entire ground floor level of this Apartment block is reserved for the Cafe Business ready for expansion.

Size in square feet:
450
Planning Consent:

The main apartment building has been extended by 2 floors.
All pertaining documents are in place.

Business Operation

Expansion Potential:

This is a booming area....there are opportunities to expand this business even more as the area develops

Competition / Market:

At present there is little competition in the area. We have developed a "niche" business which shall limit future competition.

Reasons for selling:

The owner has built this business from scratch to its present successful state with little free time to travel etc. Wishes to retire or at least take a long break .

Trading hours:

Tuesday thru Sunday, 11:00 to 22:00 hrs.

(furture plans include to open Monday's as well as the demand is there)

Employees:
6
Years established:
20 yrs

Other Information

Support & training:

A "hand over" period would be offered to the buyer.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

We will consider a payout period

Furniture / Fixtures value:
$100,000 (USD) - included in the asking price
Inventory / Stock value:
$5,000 (USD) - included in the asking price
Website:
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Related Documents:
Home based:
This business can be run from home.

Contact Seller

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