Thursday 19 November 2015

0828 Japanese Bar and Night Club near Soi Thanyia, Silom

0828 Japanese Bar and Night Club near Soi Thanyia, Silom

 

Japanese Bar and Night Club near Soi Thanyia, Silom

Listing No. 66-0828

 

  • Business:  Bar and Night Club
  • Location:  Silom, Bangkok
  • Building:  Ground and Mezzanine floors of a triple shop-house
  • Size:  approximately 220m2 over 2 levels
  • Features:  This is quite a large entertainment space with high ceiling.  Close to Soi Thanyia it is very popular with Japanese clients.  There are 4 TV’s, 2 large air-conditioning units, and seating is in comfy modular lounge seats with coffee tables.  There is a sound mixer in the DJ booth and a staff change room out the back.  Male and Female toilets.  The front door has an air curtain and the window to the main soi is one way where you can see out, but not in.  The bar is equipped with a double glass front fridge and a single glass front fridge and double chest freezer.  CCTV and emergency lighting is throughout.  Upstairs there are two VIP rooms with TV, lounge seating and air-conditioning.
  • Options:  Currently lease in a company name.  The company can be transferred to the new owner if required.  May also be purchased without furnishings for 3.2 million baht
  • Potential:  This location loans itself to either a bar, night club or restaurant catering to Japanese clientele
  • Tenure:  Leasehold, 12 months renewable (due for renewal in May 2016)
  • Staff:  Not operational, but had a staff of around 30 when it was open
  • Licenses alcohol licenses are current and come with the business
  • Stock:  No stock included
  • Rent:  180,000 baht a month
  • Utilities:  About 10,000 baht a month
  • Security:  4,000 baht a month
  • Car Parking:  A public (paid) car park is at the end of the Soi about 60m away
  • Business Operational:  No, ceased trading in July 2015
  • Transition:  The owner will assist in transitioning the business for a short period after settlement, if required
  • Reason for Selling:  Owner has many other businesses in the area which require his attention
  • Revenue:  was producing revenue of about 2 million baht a month
  • Net Profit:  was producing net profit of about 300,000 to 400,000 baht a month
  • Financials:  Not available, business closed in July 2015
  • Asking Price:  3.5 million baht
  • Price Negotiable:  Yes, near offers will be considered
  • Security Deposit:  1.2 million 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 7pm and 9pm Monday to Saturday
  • Agents:  No Agent inquiries please

 

 



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