Popular Nightclub And Disco

Popular Nightclub and Disco

Locastion: Bangkok

Listing ID# BKK13756

Price: 30,000,000THB

BUSINESS SUMMARY

This Discotheque sits in a famous designated nightlife zone in the Huay Kwang region of Bangkok. The enterprise was established roughly eight years ago in a two storey property with total floor space measuring 750 square metres. Very popular with young business professionals, the area has plenty of car parking facilities and is within easy reach of the city centre. Assets to be acquired are very upscale, and carry a valuation of approximately 19,000,000 baht. The discotheque showcases the best of local and international musical talent with international disc jockeys of world renown hosting some of the biggest and most influential events in Bangkok’s electronic music scene. Around 1,200 revellers can be accommodated and the venue is often at maximum capacity at weekends. Over the last three years the club has seen receipts average around 70,000,000 baht per annum, and annual net profits of around 22,000,000 baht have consistently been earned (net profits reached 25,200,000 baht in 2006). Monthly rent is understandably high at 285,000 baht, and the workforce commands a monthly salary usually totalling around 180,000 baht (around half of the employees are hired on a part time basis). The sale has only arisen due to the owner’s recent decision to relocate to Pattaya. Asking price: 30,000,000 baht.

www.sunbeltlegaladvisors.com

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

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

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