For sale or rent, Popular Italian Restaurant, Est. 2008
Italian Restaurant on KO KUT (also known as Koh Kood) for sale or rent
This is an excellent opportunity to take over an extremely successful Italian Restaurant on Ko Kut island.
Ko Kut currently has very few international restaurants and this restaurant is the best known, having been in business for over 15 years.
The business is situated on around 5-600 square meter and occupies the ground floor of a two-floors building that has two bedrooms upstairs offering the possibility of owner accommodation.
Also on the ground floor is the large kitchen, pizzeria, customer bathrooms and a storage area.
The restaurant currently caters around 70 diners with comfortable seats for 30 people indoors and 40 more in the pretty garden. There is plenty of space for more if required and the large upstairs terrace is another seating possibility.
The business is located in the most central area of Ko Kut. This area is becoming Ko Kut’s main place to go for restaurants, bars, coffee shops and out-of-hotel entertainment. There are also local administration and infrastructure such as the police station, government office, hospital and bank with one of the island’s three ATM machines.
Since the business is so well established, one of its major benefits is that it has an extremely good reputation already and is featured prominently through the following channels:
Le Routard Guide
Trip Advisor (very well rated, always in the top five)
First place in Restaurant Guru
Stefan Loose (number 1 in Germany for illustrated guides, Lonely Planet style)
Rough Guides (number 1 in UK England and translated by Feltrinelli for Italy)
Facebook Page of the restaurant and Restaurant website
Russian guides for “adventure holidays”
Local Maps such as: Government map of the island, TAT map of Koh Chang and neighboring islands, maps of the diving schools, Koh-Chang-Guide.com, The Koh Kood Map and T-shirts map.
Travel websites such as Triposo, Wikivoyage and Koh Kood Destination
Local Thailand tour operators such as Thailand and Beyond, Happy Viaggi and
Enjoy New Travel
Segafredo Zanetti Coffee reseller
Other travelers blogs/forums/facebook
We offer two kind of business opportunities:
Buy the Ltd.co. (company) and all the entire equipment for 2M THB (about 75k USD / 64k EUR) plus 400k THB yearly for the building rental (about 12k USD / 10k EUR)
Rent the Ltd.co. and rent all the entire equipment for 800k THB yearly (about 24k USD / 20k EUR) plus cautionary deposit for 500k THB (about 15k USD / 13k EUR)
All prices are negotiable.
Tables, chairs fridges, freezers, glasses, plates, oven, flour mixer, CCTV, sound system, water storage and all the equipment are available and written in an inventory list.
The building is only for rent and not for sale (eventually we can talk about it) and it is available with a long-term lease in blocks of three year periods. Several of these 3 year leases, can be arranged at once with the
possibility of 9, 12 or even more years (rent costs increasing by 10% every three years).
The business name is registered as a company at DBD (Department of Business Development) including one work permit and can easily be upgraded to two work permits, and is ready to be sold acquiring all the benefits of more than 14 years of business in the island.
The business is available as a turn-key operation, ready to run immediately.
It is an opportunity best suited to a buyer with some experience in restaurant trade. The current owners are prepared to arrange a hand over period of training and assistance.
Open to serious offers only, please.