Koh Samui Bar And Restarant

[SunbeltAsiaAdvisor]

Koh Samui Bar and Restarant

Listing ID# BKK14051

2,850,000THB

BUSINESS SUMMARY

This recently renovated Bar and Restaurant is situated in of one the most famous nightlife areas of Koh Samui. Although it is located just 100 metres from the busiest night spot on the island, the establishment remains the only one serving food in the entire street, and it therefore has a monopoly on food deliveries to customers and employees of neighbouring businesses. Re-launched at the beginning of 2010, the bar profits from having 360 square metres of useable space; this consists of a fully equipped large restaurant and bar area, a games room with pool table and table tennis table, a separate spacious kitchen, a large screen projector TV, four regular TV screens, a satellite system, Wi-Fi internet, a sound system, and a two bedroom apartment.

One of the key point selling points is the brand new long term lease contract that is on offer; this will not expire until November 2018, and carries fixed rental payments of 260,000 baht per year. The bar and restaurant is offered along with a 4,000,000 baht registered company, ensuring two works permits for foreigners. As the business is still relatively new there are no financial results to report, but early trade has been very encouraging. Interested parties will be given details of cash flow growth since the re-opening of the enterprise. The proposed sale has only arisen due to the owner’s desire to run an unrelated business venture. Asking price: 2,850,000 baht.

[sunbelt][/sunbelt]