Regae Cocktail Bar in Udom Suk
Listing No. 66-0726
- Business: Bar
- Location: Sukhumvit Soi 103, Udom Suk, Bangkok, Thailand amidst the many restaurants, cafes, street stalls and market stalls.
- Building: 1 level, ground floor brick and cement block construction
- Size: approximately 132m2 (102m2 main bar, 24m2 for two utility rooms, toilets and outdoor wash-up area, and 6m2 front street seating)
- Features: This bar has a seating capacity on stool and lounge seating for over 60. It is open fronted making it appealing to passing foot traffic, and also keeping the electricity costs to a minimum. It has good signage and street seating. The sound system, including DJ Deck, amplifier and mixer is included. There are two single glass-front fridges and the main theme of the bar is currently Regae and Cocktails! Decorated very well with all sorts of eclectic paraphernalia, customers could (and do) spend some hours there just taking in the décor and enjoying the atmosphere. There are two small rooms (each about 3m x 2m) currently not being used, but could offer a new owner some scope for a small kitchen or staff accommodation. Could be quite popular as a café by day and bar by night.
- Tenure: Leasehold, 3 years renewable, however landlord will consider other options
- Staff: No salaried staff, currently managed by a husband and wife team
- Licenses: Alcohol license included
- Stock: Stock remaining at time of settlement is included in the price
- Online: There is a current Face Book page used for marketing, which will be transferred to the new owner if required
- Rent: 13,000 baht a month
- Utilities: About 2,000 baht a month
- Business Operational: Yes, opens 4pm and trades till about 1am daily
- Reason for Selling: Owners are from Koh Samet and would like to return there to buy another business
- Revenue: About 100,000 baht a month
- Net Profit: About 50,000 baht a month
- Asking Price: 280,000 baht
- Price Negotiable: Yes, near offers will be considered
- Security Deposit: 13,000 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: N/A
- Sale Terms: 20% 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 1700 and 2000 Monday to Saturday.
- Agents: No Agent inquiries please
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