20 bedrooms Commercial property for sale in Chiang Mai, Thailand by Properties ChiangMai Co., Ltd. No. 66399

Property description

This successful Korean Cafe & Restaurant is a rare opportunity for investors in Chiang Mai. Located near Chiang Mai University and Nimmanhaemin Road, it benefits from high foot traffic and a thriving tourist presence. The business has been profitable for 7 years and is fully licensed for restaurant and liquor sales. With a garden area, ample parking, and a spacious 415 sqm dining area, its ideal for anyone looking to expand in the restaurant business. The sale includes land, building, and ongoing operations for 35M THB.Key Features:One-storey reinforced concrete building (415 sqm)Profitable business with 7 years of operationPrime location near Chiang Mai University, Nimmanhaemin Road, and airportParking for 16 cars (594 sqm)Garden area with potential for outdoor seatingFully licensed for restaurant and liquor salesSale includes land and building3-phase electricity with private transformer

Parameters	Chiang Mai
Rent Per Month
Apartment (1 bedroom) in City Centre	$ 411.55
Apartment (1 bedroom) Outside of Centre	$ 215.77
Apartment (3 bedrooms) in City Centre	$ 705.15
Apartment (3 bedrooms) Outside of Centre	$ 464.76
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	$ 1 885.29
Price per Square Meter to Buy Apartment Outside of Centre	$ 1 075.35

Parameters	Chiang Mai
Crime Index	22.37
Cost of Living and Rent Index	20.64
Purchasing Power Index	67.18
Property Price to Income Ratio	10.67
Safety Index	77.63
Traffic CO₂ Index	5496.47
Traffic Inefficiency Index	105.03
Rent Index	8.84
Health Care Index	84.98
Groceries Index	38.71
Pollution Index	77.79
Traffic Commute Time Index	26.20
Restaurant Price Index	19.22
Climate Index	75.93
Cost of Living Index	30.00
Quality of Life Index	146.36
Traffic Index	115.86

Parameters	Chiang Mai
Restaurants
Meal, Inexpensive Restaurant	$ 1.84
Meal for 2 People, Mid-range Restaurant, Three-course	$ 17.63
McMeal at McDonalds (or Equivalent Combo Meal)	$ 7.35
Domestic Beer (0.5 liter draught)	$ 2.13
Imported Beer (0.33 liter bottle)	$ 3.53
Coke/Pepsi (0.33 liter bottle)	$ 0.75
Water (0.33 liter bottle)	$ 0.34
Cappuccino (regular)	$ 1.83
Markets
Milk (regular), (1 liter)	$ 1.57
Loaf of Fresh White Bread (500g)	$ 1.45
Eggs (regular) (12)	$ 1.97
Local Cheese (1kg)	$ 14.55
Water (1.5 liter bottle)	$ 0.49
Bottle of Wine (Mid-Range)	$ 17.63
Domestic Beer (0.5 liter bottle)	$ 1.73
Imported Beer (0.33 liter bottle)	$ 3.21
Cigarettes 20 Pack (Marlboro)	$ 4.41
Apples (1kg)	$ 2.46
Chicken Fillets (1kg)	$ 2.91
Oranges (1kg)	$ 1.30
Potato (1kg)	$ 1.32
Lettuce (1 head)	$ 0.59
Rice (white), (1kg)	$ 1.14
Tomato (1kg)	$ 1.34
Banana (1kg)	$ 1.18
Onion (1kg)	$ 1.14
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	$ 9.85
Transportation
One-way Ticket (Local Transport)	$ 0.88
Monthly Pass (Regular Price)	$ 23.50
Gasoline (1 liter)	$ 1.20
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	$ 20 566.77
Taxi Start (Normal Tariff)	$ 1.25
Taxi 1km (Normal Tariff)	$ 1.25
Taxi 1hour Waiting (Normal Tariff)	$ 7.64
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	$ 22 388.40
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	$ 63.51
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	$ 16.62
	$ 13.40
Salaries And Financing
Average Monthly Net Salary (After Tax)	$ 693.72
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.00
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	$ 36.00
Tennis Court Rent (1 Hour on Weekend)	$ 6.46
Cinema, International Release, 1 Seat	$ 5.58
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	$ 56.31
1 Summer Dress in a Chain Store (Zara, H&M, ...)	$ 27.18
1 Pair of Nike Running Shoes (Mid-Range)	$ 80.80
1 Pair of Men Leather Business Shoes	$ 66.11
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	$ 290.55
International Primary School, Yearly for 1 Child	$ 14 102.93

20 bedrooms Commercial property in Chiang Mai, Thailand No. 66399

Property description