0745 Bar with 2 Pool Tables and Darts in Sukhumvit

Bar with 2 Pool Tables and Darts in Sukhumvit

Listing No. 66-0745

 

•Business:  Bar

•Location:  Sukhumvit Soi 22, Bangkok

•Building:  Indoor Bar Space in Beer Bar Plaza

•Size:  approximately 72m2 ground level only

•Features:  2 Pool tables, Darts Board, Bar Counter and High Table seating for about 20, Decorative Ceiling Fan and wall fans, 2 large air conditioning units (ceiling mounted), Staff Lockers, TV, near new single glass-front fridge, under-counter fridge and large front concertina doors

•Tenure:  Leasehold, 12 months renewable (this is normal for this location)

•Staff:  Currently 4 salaried staff, with a monthly payroll of 31,000 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 face book page which may be transferred to the new owner if required

•Rent:  67,500 baht a month

•Utilities:  between 13,000 and 14,000 baht a month

•Security:  4,000 baht a month

•Car Parking:  Limited customer car parking is available in the nearby soi’s

•Business Operational:  Yes

•Transition:  The owner will assist in transitioning the business for a short period after settlement, if required

•Reason for Selling:  Need more time to devote to family

•Revenue:  About 300,000 baht a month

•Net Profit:  About 100,000 baht a month

•Financials:  May be made available to genuine buyers, only after inspection

•Asking Price:  1.2 million baht

•Price Negotiable:  Yes, near offers will be considered

•Security Deposit:  N/A

•Key Money:  202,500 baht paid only once at the time of transferring the lease to the new owner’s name

•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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