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Successful Large Bar, 2.7m Turnover p.a., 43% Net Profit

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Ad
Upgraded:
Sun 4 Jun 2017
Added:
Sun 2 Apr 2017
Expires:
Wed 19 Jul 2017
Ad #:
290249
Views:
2675
Status:
Expired
Ad Type:
Basic FREE
Name:
Anthony Crabbe
Telephone:
+447596436545 +66655811210
Skype ID:
Member Since:
Sun 2 Apr 2017
Ad IP Country:
Thailand
Ads:
Overview
Category:
Business for Sale/Rent
Sub Category:
Bar/Pub for Sale, Lease
Zone:
Ao Nang
Region:
SW Coast: Phuket & Region
Area:
Krabi/Ao Nang
Country:
Thailand
Detail
Posted By
Owner (not a trader/dealer/agent) 
Premise Sq M
380 
Land Size Sq M
190 
Build/Completion
2001 
Lease or Freehold
Leasehold 
Lease Term
18 months 
Lease Type
Direct 
Lease Renewable
Yes 
Contract/KeyMoney
Key Money 
Company Included
Yes 
Expat Work Permit
No 
Licenses Included
Yes 
Owner Suite
No 
Operational
1 Year + 
Staff #
4-8 
Salaries Monthly
45,000 
Rent Monthly
41,666 
Income Monthly
225,500 
Profit Monthly
43% Net before tax 
Negotiable
Near Price/Terms Only 
Seller Finance
No 
Agents,Co-broker?
No Agents/Brokers 
Description

Successful Large Bar, 2.7m Turnover p.a., 43% Net Profit

NEW!! Rent paid until December 2017 giving you the opportunity to run rent free for the first 5 months including the July-September high season.

Fantastic opportunity to buy a successful business in one of the fastest growing tourist destinations in Thailand, and to recover your full investment within the first trading year. Turnover 2.7 million THB a year. Net Profit 43%

This is the largest bar in Soi RCA, the bar street of Ao Nang - an area of outstanding natural beauty, with a beach ranked in the World Top 5.

The 190 sq m bar runs all the way across the end of the street. Below the bar is a 190 sq m self-contained basement club with dance floors, toilets, etc., which the present business has never operated, but has kept in good condition.

Monthly rent for these two premises is fixed at 41,667 THB for the next 19 months and is renewable. Rent is paid up until December 2017!

The bar is fully fitted and operational. So you can buy today and run tomorrow. The bar manager is willing to work for an initial period with a new owner, and help them to understand how the business runs, its returning customers, suppliers, licensing, etc.

The owners of this bar now want to open a new business in their hometown near Bangkok. Therefore, they have priced the business solely on the net profit that they can prove from accounts.

This bargain price includes the remaining lease, all bar fittings and fixtures, 3 pool tables, furniture, 2 fridge cabinets, 8 security cameras, 48" TV & channel box, sound system, fans, lighting, newly fitted stock room, dart playing area and 2 large fully tiled toilets.

Early viewing recommended for this bargain opportunity. The business accounts are open to any serious person who signs a non-disclosure agreement. If you are not Thai, please make sure that you understand Thai business regulations before contacting us, thank you.

Additional info: Send Email | Post a Question?
Price:
1,100,000 THB
Approx:

25,249 GBP  |  28,203 EUR  |  41,439 AUD  |  32,914 USD
44,839 SGD  |  222,132 CNY  |  270,669 SEK  |  1,974,865 RUB
140,863 MYR  |  120,853 AED  |  3,654,485 JPY  |  36,666,667 KRW

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Advertiser Details
Joined Date:
Sun 2 Apr 2017
 
Active Ads:
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Expired Ads:
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