Restaurant and Bar for Sale
Phi Phi Island
This excellent and ever popular Restaurant & Bar is one of Koh Phi Phi’s most stylish and fun restaurant & bars, with a loyal clientèle of locally based divers and business owners, tour groups, and many, many tourists who visit the island almost all year round.
Established 5 years ago, the business is well recommended by the lonely planet “beaches & islands edition” and also has a successful trip advisor page with great reviews.
The building and business comprises the ground floor of a two storey building on a main walking street (there are no roads on the island), and is just 2 minutes from the beach and surrounded by Hotels/resorts, guest houses and other accommodation, and includes bar, approx. 30 seat restaurant, kitchen and bathroom/w.c.
The upper floor is not included in the sale, and is currently used as holiday rental rooms by the owner.
The business is for sale at 3.2 million Baht with an annual rental (to be clarified) and includes an established Thai Limited Company.
There is a solid contract in place, and based on current turnover and accounts, the investment would be recovered within 2 years, and all accounts are available for inspection by appointment.
There is trustworthy and experienced staff in place who are willing to stay on with any new owner, but as with any business, a hands on approach would be a great benefit in order to draw in and keep your new customers.
This is a genuinely good and well established business on probably the most popular and famous island in Thailand, and would be best suited to an individual or couple looking to live an alternative beach lifestyle while making a good living (and a lot of new friends into the bargain.)
Payment terms and price are flexible and negotiable, and even a 50/50 partnership would be considered allowing both owners to have free time away from the business.
Serious inquiries only please.