Pool Bar In Bangkok

[SunbeltAsiaAdvisor]

Pool Bar

Location: Bangkok

Price: 33,000,000 Baht

Listing ID: BKK14204

(UPDATE: Price reduced to 33,000,000 baht for quick sale of the full turnkey business)

A unique opportunity has arisen to acquire a major sports and pool bar centrally located in the heart of Sukhumvit. The 600 m venue is conveniently located to the main road and has become a major draw in the area since it started 12 years ago. Over 2 million baht was invested in renovations 3 years ago and patrons enjoy a sophisticated atmosphere with full size pool tables. Premises have been secured on a rolling six years lease although a new lease contract can be drafted for the new tenants upon take-over. Sales vary from two to three million baht per month as the overheads include a 300,000 Payroll with 25 employees, the 375,000 baht monthly rental, as well as another 40,000 baht of miscellaneous charges and fees. As food costs do not exceed 40%, that leaves a comfortable cash flow for the venture to operate. This business is a Thai Limited Company with all proper licenses in hand which can be included in the sale as a turnkey package.

[sunbelt][/sunbelt]