Great Location Bar and Restaurant with 9 Guest House in Soi Bua Khao
Listing No. 066-12-02-020
- Business: Bar Restaurant and Guesthouse
- Location: Soi Bua Khao, Pattaya, Thailand
· Features: This bar and guesthouse has excellent location - right in the heart of Soi Bua Khao, Pattaya. It's a single shop-house with 4 levels. On the ground level it has a bar with pool table and indoor and outdoor seating for about 50 guests. The current owner serves Thai and European food from 8am till 8pm. The current owner states that the peak hours for the restaurant are in the mornings as he serves up a great value breakfast. The saloon/restaurant area features a pool table (on rent), 2 TVs, mini live music stage and an L-shaped bar counter. There is a fully equipped kitchen, 2 toilets and external access at the rear of the building. The 2nd and 3rd levels upstairs are the 9 guest rooms (6 rooms have balconies). The rooms are various sizes and different themes. The rental rate per day is between THB 500 to THB 900. On the 4 level, there is staff accommodation and an open area which has good views of Pattaya city. The owner states that the occupancy for the guest rooms is around 70% and the breakdown of the revenue is around 40% (guest-house), 38% (bar) and 22% (restaurant).
The owner wants to sell the business because his wife is due to have a baby soon and he travels to his home country quite often. The business would be suitable for a husband and wife team, however the landlord requires the lease contract to be in a Thai person's name.
Rent is reasonable given its excellent location. All stock at the time of settlement is included and all online accounts will be transferred to the new owner.
- Tenure: Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease)
- Asking Price: THB 2,500,000
- More Information: Please contact us for more information (we require your name, phone number and e-mail address)
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