Restaurant And Sports Bar In Bangkok

[SunbeltAsiaAdvisor]

Restaurant and Sports Bar

Location: Bangkok

Listing ID# BKK14134

3,500,000THB

BUSINESS SUMMARY

This fully equipped Restaurant and Sports Bar is located right in the heart of an upper class housing estate with over 2,000 houses in the northern suburbs of Bangkok. The restaurant benefits from an exceptional location right on the shores of a lake, and has no competition in the neighbourhood. Over 5,000,000 baht has been invested to date, and the sale includes assets such as five computers, five flat screen televisions, two outside projectors, a complete sound system and two Brunswick pool tables; substantial building renovations were also carried out. The business is being sold together with a registered company as a turnkey package. Accounting is fully audited and there is no key money on the lease. The owner lives in the vicinity and is willing to help the new tenant during the takeover of the business.

The seller is from an engineering background and does not feel that he has got the skills and the energy to run and develop a restaurant business. As a result, the restaurant is now just breaking even. The marketing just consists of Happy Hour promotions from 4pm to 7pm on Fridays, and Quiz Nights on Tuesdays. Some advertising should therefore be undertaken to attract the teachers and students from the numerous International Schools in the surrounding area, as well as the locals from the housing estate. Live bands, buffets, and “all you can eat” nights could be implemented to push up the sales. Asking price: 3,500,000 baht.

[sunbelt][/sunbelt]