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Popular Beer Bar / Pool Bar in Hua Hin 3 MONTHS RENT PAID and Deposit

Ad Description

I have returned home to the UK so we are selling our Bar in Hua Hin. My wife is continuing to run the bar and she will join me once it's sold, we would like to sell quickly because of this. The price has been reduced due to a time-waster.

There is the Bar area with a good Pool Table and upstairs there are 2 bedrooms. There is also a kitchen downstairs. You can live in the bar if you want to but we let our ladies sleep there for free. We have a Pool team currently and there is scope for this to be expanded, this is a good source of income. We also have some ladies and they attract customers into the bar.

Currently, it is low season but the high season will be here soon and a chance to make some good money. Rent is only 15000 baht per month, payable 3 months in advance, the security deposit is 2 months (returned at lease end) Turnover in low season has been around 100000 per month with a net profit of 30000. In high season I would expect this to at least double giving an annual profit of about 500000. The bar has the required alcohol and music licenses which would be renewed annually.

Over 2 years left on the lease but the landlord will be willing to give you a new 3-year lease.

Price is 250,000 baht but this includes the first 3 months rent 45,000, security deposit 30,000 and 1 year property tax 15,000. Total 90,000.

Thai language call 0934538579 (Thailand)
English 0044 7379112260 (UK)

Facebook: https://www.facebook.com/41BisSoi80/

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