Members Bar

Members Bar

Location: Bangkok

Listing ID# BKK13892

Price: 2,500,000THB

BUSINESS SUMMARY

(UPDATE! The asking price has been reduced from 4,000,000 baht to 2,500,000 baht.) This Bangkok Members Bar caters to a female only audience. Special events featuring live music are held on a regular basis, and the bar has built up a good following since it was launched at a cost of around 2,000,000 baht around three years ago. Financial results are very good, with annual receipts totalling roughly 10,000,000 baht yielding net profits of approximately 5,000,000 baht in the last year. Monthly rent of 120,000 baht is payable for the large stand alone property which has total floor space of 700 square metres. Salaries vary each month as the majority of the 15 employees work on a part time basis. The owner is now planning to study overseas and must therefore sell. A highly attractive asking price, which is equivalent to less than annual earnings, has therefore been set for a quick sale. New asking price: 2,500,000 baht.

[sunbelt][/sunbelt]