Irish Pub

[SunbeltAsiaAdvisor]

Irish Pub

Location: Phuket

Listing ID# BKK14049

2,800,000THB

BUSINESS SUMMARY

Located close to a popular Phuket beach, this Irish Pub measures approximately 100 square metres and seats 40 patrons in the air-conditioned interior and outside, directly on the beach, where magnificent sunset views can be observed. The bar operates with just two staff in low season, and four in high season. This is mainly because the bar only serves snacks at the moment, even though there is a good sized kitchen to make use of. The owner, who is planning to relocate, feels that the implementation of a full menu could significantly boost the bottom line. As it is, the enterprise is seeing receipts totalling around 2,900,000 baht yield net profits of approximately 1,900,000 baht (based on 2009 trade). This is after expenses such as monthly rent (17,000 baht) and salaries (between 10,000 and 20,000 baht per month) are deducted. More than two years remain on the long term lease contract, and there is then a five year option to renew. In high season the pub is almost always full from morning to late evening. Asking price: 2,800,000 baht.

[sunbelt][/sunbelt]