Bangkok Show Bar

[SunbeltAsiaAdvisor]

Bangkok Show Bar

Listing ID# BKK13924

47,000,000THB

BUSINESS SUMMARY

An opportunity has arisen to acquire one of Bangkok’s premier Show Bars, located in the heart of the action in one of Sukhumvit’s best known nightlife areas. This is one of the city’s most renowned show bars, and it has been busy every night of the week for the last ten years. Consequently the bar took in receipts of more than 40,000,000 baht per annum in each of the last three financial years, which led in each case to net profits of over 20,000,000 baht.

The new owner will acquire assets conservatively estimated to be worth 3,000,000 baht. Family reasons now precipitate the sale, with the owner wishing to venture into a completely different sphere of commerce, thereby retiring from the nightlife business after more than 14 years. The venue has been very well maintained throughout the years to a very high standard.

A large workforce of approximately 120 full time employees has been fully trained, and all would want to remain, especially the very professional members of management, as the venue is so well patronised. Full financial records will be disclosed to serious bidders only. The bar operates on a lease that is renewable every three years, and monthly rent of 95,000 baht is currently being paid. Asking price: 47,000,000 baht.

26th Floor Fortune Town BR, 1 Ratchadapisek Rd, 10400 Bangkok

Tel: 02-642-0213 Fax: 02-641-1995