0983 Guesthouse and Sports-Bar in Jomtien Beach Pattaya

Guesthouse and Sports-Bar in Jomtien Beach Pattaya

Listing No. 66-0983

 

• Business:  Guesthouse and Bar
• Location:  Jomtien, Pattaya.  In the heart of Jomtien next to shops,bars,  cafes and restaurants and within 250 meters of the very popular Jomtien beach. This soi is well – known for tourist and expat.
• Building:  Double Shop-house, 4 Floors with entry from the ground level
• Size:  approximately 400m2 over 4 floors
• Features:  Large open Double front bar area with seating for approximately 30.

 7 Guestrooms which include 6 double rooms and 1 room with 2 single beds, 7 very spacious rooms with air conditioning, private baths, hot water, safety box, cable TV, wi-fi and fridges / mini bars.  On the ground level, it has a comfortable relaxed open bar area with Pool Table, Dartboard and wall mounted TV. Large bar stool seating both inside and out.  

• Tenure:  Leasehold, 3 + 3  years renewable
• Staff:  Currently 3 salaried staff, with a monthly payroll of 19,000 baht
• Licenses:  Alcohol, tobacco, music and Commercial Registration  licenses are current and come with the business
• Stock:  Stock remaining at time of settlement is included in the price
• Online:  The business has its own website and face book page which may be transferred to the new owner if required. 
• Rent:  22,600 baht a month
• Utilities:  11,000 baht a month
• Car Parking:  Limitedcar parking on the Soi
• Business Operational:  Yes – same owner for the past 9 years
• Transition:  The owner will assist in transitioning the business for a short period after settlement, if required.
• Revenue: About 300,000 Baht a month
• Net Profit:  About 100,000 Baht a month
• Asking Price:  3.5 Million Baht
• Security Deposit:  67,800 Baht paid at the time of settlement to the Landlord.  Subject to compliance with the rental agreement, refundable upon termination of lease agreement
• Key Money:  500,000 Baht due July 2016
• Sale Terms:  10% deposit (to secure the business and remove it for sale) and the balance within 30 days.  Ownership does not transfer until payment has been received in full
• More Information:  Further details will only be provided after inspection
• Inspections:  24 hours’ notice is required to inspect this business.  Inspection times are between 10.00am to 7.00pm Monday to Saturday
• Agents:  No Agent inquiries please

 

 

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