0746 Lock Stock & Barrel – British Pub in Central Bangkok

Lock Stock & Barrel – British Pub in Central Bangkok

Listing No. 66-0746

 

• Business:  Pub & Restaurant
• Location:  Sukhumvit Soi 23,  Bangkok
• Building:   Ground floor brick and cement block construction
• Size:  approximately 160m2
• Features:  British Pub in central Bangkok 5 minutes from Soi Cowboy. Outside terrace with seating for 12 with large screen TV. Inside we have a large area with seating for about 60, high stools by the bar and window, table seating and a single booth area as you enter. The Pub has been finished to a very high standard and only recently been modernised. In all we have 6 large screen TVs showing various sports channels. The Dark wooden floor & tables compliment the red velvet on all the soft furnishings. A long L Shaped bar area with a fully fitted kitchen behind means the bar is able to supply a great Pub Grub menu popular with the expats. Male & Female WCs again finished to very high standard with floor to ceiling tiling.
• Potential:  Adding a Pool Table and Dart Board would draw in extra customers.

Also quiz nights normally work well in this type of establishment. This Pub is also popular with UK sports celebrities that like to pop in, so could get some extra exposure via social media which is not fully utilized at the moment.

 

• Tenure:  Leasehold, 3 years renewable
• Staff:  Currently 6 salaried staff.
• Licenses:  Food, Alcohol & Tobacco 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 face book page which may be transferred to the new owner if required. 
• Rent:  85,000 Baht a month
• Utilities:  Approx. 20,000 baht a month
• Car Parking:  Limited customer car parking is available in the nearby soi’s.
• Business Operational:  Yes – same owner for past 8 years
• Transition:  The owner will assist in transitioning the business for a short period after settlement, if required.
• Reason for Selling:  Retirement
• Revenue:  About 700,000 baht a month
• Net Profit:  About 150,000 baht a month
• Financials:  May be made available to genuine buyers, only after inspection
• Asking Price:  6.5 Million Baht
• Price Negotiable:  Yes, near offers will be considered
• Security Deposit:  170,000 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:  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 1000 and 1700 Monday to Friday and between 1000 and 1300 Saturday.
• Agents:  No Agent inquiries please

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