0930 Guesthouse – Sports Bar - Café – Pattaya

Guesthouse – Sports Bar - Café – Pattaya

Listing No. 66-0930

 

 

• Business:  Registered Thai Company - Guesthouse Bar Cafe
• Location:  Beach Road, Pattaya
• Building:  Double Shop Front – Concrete construction
• Size:  approximately 280m2 over 4 levels
• Features:  Located on a busy Soi, just off Beach Road. A very popular sports bar, well known for its Darts and Pool Teams. Seating for approximately 40 customers in the bar area consisting of bar stools and dining tables and chairs. To the left is the darts area along with lots of sports memorabilia. In the center is the pool table and to the rear is the bar, kitchen and customer WC. A good size bar, with 2 large screen TVs, sound system with mixer, 4 speakers and operated via a laptop computer. In the kitchen you have 4 hobs, 3 refrigeration units, work station and a sink unit. There are 7 rooms for guests all with air con, large beds, TVs and safes. Two rooms have recently been updated with new furniture. The bar is also fitted with CCTV cameras throughout with access via a mobile phone.
• Potential:  Currently has a darts league 5 times a week and pool league once a week. Would recommend expanding the pool league. The kitchen is currently not in use so would also recommend offering all day breakfast, lunch and snack menu for customers.  
• Tenure:  Leasehold, 6 years renewable.
• Staff:  Currently 6 salaried staff, with a monthly payroll of 32,000 baht
• Licenses: 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 website and face book page which may be transferred to the new owner if required. 
• Rent:  60,000 baht a month
• Utilities:  About 17,000 baht a month
• Security:  N/A
• Car Parking:  Limited customer car parking is available in the nearby soi’s
• Business Operational:  Yes – same owner for past 18 months
• Transition:  The owner will assist in transitioning the business for a short period after settlement, if required.
• Reason for Selling:  Re-location
• Revenue:  About 400,000 baht a month
• Net Profit:  About 100,000 baht a month
• Financials:  May be made available to genuine buyers, only after inspection
• Asking Price:  2.75 Million baht
• Price Negotiable:  Yes, near offers will be considered
• Security Deposit:  200,000 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:  600,000 Baht
• 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

from Latest listings added - Thailand Property Services http://ift.tt/1KPr5Ll
via IFTTT