Sports Bar & Restaurant in Pattaya
Listing No. 66-0928
- Business: Bar & Restaurant
- Location: Soi Khao Noi, Pattaya
- Building: 3 Story brick-concrete construction with large terrace
- Size: approximately 200m2 over 3 levels
- Features: large premises on a main road. Very popular bar with the local expat community. Big outdoor terrace area (recently re-floored) with pool table, BBQ and seating for 32, small front terrace area with seating for 10. Moving inside we have bar stool seating and table & chairs layout for diners. We have 2 wall mounted large screen TVs / wall mounted air con & numerous ceiling fans. In the bar area we have tea/coffee making facilities, an under counter refrigeration unit and a chest freezer. Behind the bar area you can find a large kitchen fitted with an oven, 6 ring gas hob, numerous refrigeration units, sink units, fryers and extractor fans. On the next level we have a large space currently used for storage along with a walk in cold room. The next level consists of two medium sized bedrooms which can easily fit a double bed, wardrobes, bedside cabinets etc. On each level we have washrooms with WCs.
- Potential: Currently opens at 1pm, has 2 Pool Teams and a Darts Team, Sunday Lunch special is popular with regular customers. Would recommend opening early for breakfast custom, keep your 2 pool teams and darts team. Re-launch BBQ nights and maybe even have a quiz night too.
- Tenure: Leasehold, 3 years renewable
- Staff: Currently 6 salaried staff.
- Licenses: Food, Alcohol, tobacco and music 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 face book page which may be transferred to the new owner if required.
- Rent: 17,000 baht a month ( rising to 19,000 baht shortly )
- Utilities: About 12,000 baht a month
- Car Parking: car parking is available in the open space next door.
- Business Operational: Yes – same owner for past 2 years
- Transition: The owner will assist in transitioning the business for a short period after settlement, if required.
- Reason for Selling: Retirement
- Revenue: About 300,000 baht a month
- Net Profit: About 70,000 baht a month
- Financials: May be made available to genuine buyers, only after inspection
- Asking Price: 2.7 Million Baht
- Price Negotiable: Yes, near offers will be considered
- Security Deposit: 34,000 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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