Catering business, Trading name and Goodwill.
- 23 Jul 2024 : 17:32 pm
I have recently closed my walk in restaurant in the Sukhumvit area with the intention to re-open as a 'cloud kitchen' solely catering to my on line customers. (I have realised that paying exorbitant Bangkok rents, employing full time waiting staff and covering ancillary needs, e.g electricity, parking spaces etc., ) are all profit eating monsters that I can live without. I have been trading for 4 years, having built up a reputation for serving the best quality food in it's category and providing excellent value for money. The 'remote kitchen' will need an investment in equipment which I estimate to be well under Bt100,000 and of course an initial stock purchase. The on-line business is generating over Bt180,000, net after Grab/Panda/Lineman fees over Bt 140,000. On- line sales can be substantially increased with additional promotion. This could be an ideal husband/wife operation I am selling the business name and the Goodwill. I will give complete handover training, manuals and menus to ensure the continual well-being of the name. This business also has a great potential in being offered as a franchise operation should the new owner so desire. Payment terms can be negotiated. Reason for selling... wishing to retire.
