1.Opportunity Overview
- Business offers a turnkey opportunity to acquire a wellestablished, profitable Korean BBQ buffet chain in Bangkok. Founded by a Korean national, the business has operated successfully for 8 years, expanding to three strategic locations in highdensity commercial and academic districts
- The business is cashflow positive with a proven operational model. The current owner is exiting solely due to family relocation (supporting a child’s education in Korea), presenting a rare chance for an investor to acquire a healthy, "cashcow" asset with immediate revenue generation and a committed management team in place
2.Financial Highlights
- Revenue 2024 THB ~52M
- EBITDA 2024 THB~8M
3.Investment Rationale
- Turnkey Asset with a "Clean" Exit
Unlike distressed asset sales, Project 1MK is a performing asset. The sale is driven by personal family reasons, not business decline. The buyer inherits fully fitted branches, active goodwill, and systems that are already past the payback period
- Defensible "Authentic" Moat
The brand leverages 8 years of goodwill built on proprietary, founder-codified recipes and a service style (e.g., proactive grill changing) that differentiates it from generic competitors. This authenticity allows the business to maintain mainstream pricing without relying on margin-eroding discounts to drive traffic.
- Solved Labor Equation
In an industry plagued by staffing shortages, Business utilizes a reliable MOU labor pipeline. An established referral network within the migrant labor community ensures low recruiting friction and consistent staffing levels across all branches.
- Scalable & Systematized
The business is not dependent on the owner's daily presence in the kitchen. With strict supply chain controls and standardized operating procedures (SOPs) in place, the model is primed for new management or further expansion into new locations
