0915 Ideal Husband and Wife Wine Bar with Furnished Accommodation Upstairs - Pattaya

 

 

Ideal Husband and Wife Wine Bar with Furnished Accommodation Upstairs - Pattaya

Listing No. 66-0915

 

• Business:  Wine Bar
• Location:  Pattaya, Thailand.  In an expat area, so is not directly affected by the seasonal highs and lows
• Building:  3-story shop-house, with entry from the ground level
• Size:  approximately 150m2 (over three levels)
• Features:  This is a ‘walk in, walk out’ offer.  The purchase price includes all fittings / furniture of all 3 floors.  The top 2 floors have been converted into a residence containing 3 bedrooms (2 are air-conditioned double bedrooms), 2 bathrooms and a family room.   The current owner has steadily built up the clientele base since opening mid-2014.  The bar itself, has a toilet and small kitchen in rear.  There is also a small, secure courtyard at the rear of premises.  Fittings of the bar include: TV, music system, internet, 4 tables, seating for 2 x tables / bench seats outside the front of the bar.  The kitchen includes: chest freezer, 2 upright fridges, microwave, and all the necessary cooking equipment.  Currently trading from 5pm till 11-12pm nightly.
• Tenure:  Leasehold, 12 months renewable, but may be negotiated with the landlord for a longer period
• Staff:  currently operated by a husband and wife team, with no salaried staff
• Licenses:  Alcohol and Music licenses are current and come with the bar
• Stock:  Stock remaining at time of settlement is included in the price
• Online:  There is a face book page which may be transferred to the new owner if required
• Rent:  20,000 baht a month
• Utilities:  About 5,300 baht a month
• Car Parking:  car parking is available out front of the bar
• Business Operational:  Yes – owned since April 2014
• Transition:  The owner will assist in transitioning the business for a short period after settlement, if required.
• Financials:  May be made available to genuine buyers, only after inspection
• Asking Price:  500,000 baht
• Price Negotiable:  Yes, near offers will be considered
• Security Deposit:  40,000 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:  20% 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 2000 Monday to Saturday
• Agents:  No Agent inquiries please

 

 

 

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