Bar

Bar

Location: Bangkok

Listing ID# BKK14079

Price: 750,000THB

BUSINESS SUMMARY

Although this Bangkok Bar has been operational for over 20 years the current owners have only been in place for the last three years; they have recently decided to relocate however, to take care of their new son in more tranquil surroundings. The bar sits in a dedicated nightlife area frequented by tourists and expatriates, and therefore enjoys a brisk trade. In the last financial year receipts totalled approximately 6,000,000 baht, with net profits of around 3,000,000 baht being generated after all expenses were deducted. The main expense is rent, which is payable at a rate of 95,000 baht per month due to the high profile location. There are normally 10 employees in place, each earning 4,000 baht per month. An attractive asking price has been set for a quick sale, and this is equivalent to annual earnings. All assets will be included in the sale, along with alcohol and music licenses and a website. Asking price: 750,000 baht.

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