Wednesday 30 December 2015

0330 Pub & Restaurant for Sale & Rent in Cha-Am

0330 Pub & Restaurant for Sale & Rent in Cha-Am

Pub & Restaurant for Sale & Rent in Cha-Am

Listing No. 66-0330

 

•Business:  Pub & Restaurant

•Location:  Cha Am, Phetchaburi

•Building:  Brick construction, Galvanized Steel 

•Size:  approximately 650m2 over 2 levels 

•Features:  Situated on the main road approximately 100 meters from the beach. The building itself appears to be an old colonial house with very high ceilings. Large bar and restaurant area with seating for approx. 140 customers on the ground floor. Dining tables and chairs made from teak wood which is a feature throughout the building. Kitchen is at the rear of the building with all the usual appliances. Male and Female WC’s and staff accommodation also on the ground level. Mezzanine level consists of the pool room with access to the owner’s quarters. Upstairs it has two good size rooms and another WC. Air con fitted throughout the building as well as 16 CCTV cameras and 5 TV’s. Stage & band equipment with JBL sound system, Speakers, LED Lighting and Visual display.

•Options:  Also available on Freehold. Please ask for more details

•Potential:  Live band 6 days a week, major sporting events, Quiz nights, Karaoke.

•Tenure:   Leasehold, 3+3 renewable

•Staff:  Currently 5 salaried staff, with a monthly payroll of 40,000 baht

•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 website and face book page which may be transferred to the new owner if required

•Rent:  55,000 Baht a month

•Utilities:  About 15,000  baht a month

•Security:  N/A

•Car Parking:  Customer car parking is available 

•Business Operational:  Yes – same owner since 2000

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

•Reason for Selling:  Other Business interests

•Revenue:  About 600,000 baht a month

•Net Profit:  About 160,000 baht a month

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

•Asking Price:  5 Million Baht

•Price Negotiable:  Yes, near offers will be considered

•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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