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Established 18-Corner Food Court In Bang Tao, Phuket For Sale

Bang Tao, Phuket, Thailand
Asking Price:
$105,000 (USD) Furniture / Fixtures included
Sales Revenue:
On request
Cash Flow:
On request

Established open-air food court located between Surin and Bang Tao, one of Phuket's most affluent areas, with a high concentration of hotels, constant beach traffic and an established restaurant cluster.

The venue was built as a full-scale food destination for tourists and residents and includes:

  • 18 gastrocorners for independent food concepts
  • A bar and a dedicated event area for live music, private and corporate events, and sports screenings
  • Children's zone and a large openair shared seating area
  • Kitchen and operational infrastructure for resident vendors

Business model: corner rentals to resident vendors (fixed rent plus a percentage of revenue), self-operated corners, events and advertising placements. In 2025, the operating corners generated approximately 3.7M THB in rental income. 8 corners are currently vacant, giving a new owner clear room to grow.

The brand is already established: 4.7 Google rating with 400+ reviews, an active Instagram account, its own website and a delivery app.

The adjacent boutique hotel brings a daily flow of guests, and neighbouring businesses (coworking space, boxing club, service partners) add further traffic.

Reason for sale: the owners are focusing on developing the hotel next door. The price has been reduced from 4,000,000 THB to 3,500,000 THB for a quick sale.

Leasehold premises. Full presentation and financials available to serious buyers.

Property Information

Real Estate:

Lease

Lease Terms:

Leasehold premises. Current rent is approximately 100,000 THB per month, including parking. Remaining lease term and renewal conditions available on request.

Leasehold Rent:

$3,600 (USD) per annum

Location:

Located in Choeng Thale, between Surin and Bang Tao, one of Phuket's most affluent and fast-growing areas. The area combines strong tourist flow from nearby beaches and hotels with a well-established residential and expat community, plus an active evening dining scene. The venue sits directly next to Apple House boutique hotel and is surrounded by complementary businesses, including a coworking space, a boxing club, motorbike rental and currency exchange.

Premises Details:

Open-air, tropical-style food court with 18 gastro-corners for independent food concepts, a central bar, a dedicated event area for live music and private events, a children's zone and a large shared seating area. The premises include kitchen and operational infrastructure for resident vendors. Parking is available on site.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Several growth directions are available to a new owner:

  • Leasing the 8 currently vacant corners
  • Growing hotel guest traffic as Apple House opens new rooms
  • Deeper partnerships with the neighbouring coworking space, boxing club and new service businesses opening nearby
  • Scaling the existing delivery service and integrating with Grab
  • Launching a readytocook product line, night market participation and minicorners at the entrance
  • Expanding private events, corporate functions and catering
Competition / Market:

Bang Tao has a strong restaurant cluster, but most competitors are standalone restaurants. Gastro Port is the first independent open-air food court in Phuket, offering multiple cuisines, a bar and events in one place, which sets it apart from single-concept venues. The main competitive factor is the growing number of new dining venues in the area, which makes an established location, brand and customer base a key advantage.

Reasons for selling:

The owners are focusing on a new large-scale project, the development of Apple House boutique hotel located next to Gastro Port. They are committed to seeing Gastro Port continue to grow, given its close integration with the hotel and the surrounding commercial ecosystem.

Trading hours:

Daily, 9:00 am – 11:00 pm

Years established:
2025

Other Information

Support & training:

The owners are open to providing a handover period to introduce the new owner to tenants, partners and day-to-day operations. As the owners continue to develop the Apple House hotel next door, they remain interested in the venue's long-term success and ongoing cooperation.

Business closed / Asset sale:
Yes
Contact Seller