The 'Brickhouse Restaurant and Bar' Plus New And Extended Leases Is For Sale In Udon Thani, Thailand
We honestly do not know why this has not sold? For those looking for an 'excellent, extremely healthy, profit generating business' in the hospitality sector, then we suggest you view this one. Expected ROI (return On Investment) likely to be 2 - 2.5 years only! If you don't believe us, and you are a genuine buyer, then make an appointment to see for yourself. With a POS (Point Of Sale) accounting software, the financials do not lie. This is a super, excellent business. An NDA (Non Disclosure Agreement) will be presented and signed only to those buyers who qualify to be able to take next steps.The profitable Brick House restaurant and bar in Udon Thani, is for sale, and was established in 2018. Nestled in the heart of the popular Soi Sampan, Udon Thani, it caters to a wide range of patrons, with a seating capacity of 90+. The restaurant has an International cuisine offering various dishes ranging from Thai, Greek, Indian, Italian and Pizza, and of course, a wide variety of your everyday favorite meals. This menu is complimented by an extensive selection of imported and local beers, ciders, cocktails, wines and practically anything you can think of.Above the bar is a ceiling mounted, tailor made, brass colored, glycol draft beer system with 8 taps. All sales are recorded by way of a modern POS (Point of Sale) software program, which also provides for an excellent accounting software system.Efficiency and excellent service is what makes it a profitable business. At times, such as specially booked functions, Christmas, etc., over 20 staff are required to cater for the demand. Usually staff numbers are approximately 11. The Brick House is operating under a Co. Ltd, is fully licensed, including a live music license. The current owner has a work permit, and the new owner can apply for this as well. A reminder, we are selling the business only. A very long, excellent extended lease comes with the purchase of this business plus land of approximately 1,200 Sq. Mt's of land at the rear to do what you wish with. Expand or diversify into another venture. It is basically a 'Walk-in, Walk-out' operation with all items necessary to continue operation. Opened beverages such as Beers, wines, liquor are included. Note: All unopened stock will be a cost. All assistance will be offered in the transition phase by the owners.The building has 2 levels, upstairs and downstairs. Upstairs boasts product storage with a vast array of beverages, well-stocked freezers and marketing material. Located here is also an office and a manager’s apartment with a private bathroom.Downstairs is where it all happens. Along with catering for above 90 patrons comfortably, facilities include a pool table, darts board, secluded seating for privacy as required, and of course the fine bar and servery areas, also suitable for groups. Speaking of servery, all meals on the menu are cooked in-house within a remarkably tidy and very hygienic kitchen/prep area. The current owners have very strict standards with the food being cooked and served, so the 2 microwaves are used for quick defrosting only. It is a very versatile, well thought out kitchen deign and servery area connected again by the POS for orders.At the rear, there is a tastefully furnished garden area with a long bench and tables and large round tables, in what we would refer to as an ongoing creation as a beer garden. This area also provides a large BBQ, which if required could be used as ‘Cook it yourself’ option for those who like their steaks cooked to their own personal taste. This area could quite comfortably allow for entertaining, such as a live band to play background music away from the main dining areas. It can also be used as a private party venue. The choice is yours!Further, the owners have secured an excellent extended long term lease on not only the Restaurant and bar, but also land and buildings behind this which has older wooden style buildings with tenants renting them. With a 20 year lease in place, the option to renovate the older style 1200 Sq. Mt's into an extension of the current restaurant or by building another structure/s, possibly accommodation. All assistance will be provided by the owners with the transfer of leases and licenses.Isan Real Estate has viewed the financials of this business and to say the least, we were blown away with the impressive overall GP. If you are a genuine buyer, you can view these financials after signing an NDA agreement (Non Disclosure Agreement) by any type of breakdown you wish, by beverages, by particular drinks, by a certain course of meal, anyway you like, and you will not be disappointed. Use it to fine tune your service to patrons and profitability.Viewings and discussions are requested by the owner to be directed to Isan Real Estate only.To view the facilities and possibilities, appointments are required. Initial expressions of interest are to be directed to Ernie (English speaking) [email protected]
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2,000 m²
Retail Space
