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Restaurant Dinner in the Sky

  • Phuket
  • 11 Apr 2024 : 13:18 pm
  • ID: 517130

Ad Description

For Sale: Unique Franchise Opportunity in Phuket!

Description:

Selling a franchise of a global brand. The only project of its kind in Thailand and the first on Phuket Island! The most exciting restaurant in Phuket! Dinner in the Sky is a worldwide franchise with a presence in over 65 countries across 5 continents!

Features:

- Restaurant located 50 meters above ground level!
- Fully operational restaurant and bar currently in operation!
- Rapid return on investment!
- Only 15% occupancy required for profitability!

Included Assets:

- Zoomlion Crane, 110 tons, brand new with 2 years warranty remaining. Price: $500,000.
- Waiting area of 120 square meters with two rooms (storage and mini kitchen). Fully furnished with bar equipment for creating signature cocktails in large volumes.
- Well-maintained land plot of 32 Rai (3200 square meters) with parking, lawn, and photo zone. Fenced with remote access video surveillance.
- 3-year land lease with renewal option, including a deposit of $8,000.
- Public liability insurance prepaid for one year at $32,000 with coverage of $1,000,000.
- Next year's insurance will cost $20,000 annually (contract already in place).
- Two legal entities established for tax optimization. One entity owns the crane, while the other holds all restaurant licenses.

Business Status:

- Extensive work completed over 6 months with all necessary licenses and certificates obtained.
- Fully operational business with a strong team in place, rare for Thailand.
- Contracts signed with major and minor tour operators.
- Efficient automated accounting system for remote monitoring of booking processes and financial transactions.

Intangible Assets:

- Established website, IT, and advertising infrastructure.
- Active organic Instagram and Facebook accounts. Cloud content storage and knowledge base. All assets and access will be transferred. Assistance provided to navigate business operations.

Reason for Sale:

Due to family circumstances, the owner cannot stay in Phuket for extended periods. The business is highly profitable and requires a bit more effort to reach its full potential. Selling at nearly cost price! Price: $1,000,000 (equivalent accepted).

Location:

Owner resides in Phuket. Serious inquiries only, please. Time-wasters will not be entertained. Contact for genuine interest only.
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