Pattaya Bar And Shophouse For Sale

This well located Pattaya bar is in a 4 floor 350 sqm shophouse that sees only 15,000 Baht a month for rent.The lease contract expires in March of 2014 and is a renewable for another 3 years with a 15% per year increase.Three employees are on the payroll of 24,000 Baht a month plus 12 bar girls,who are not. Furniture and fixtures are included in the price.

Annual receipts have run 5 million Baht with a profit of 2 million Baht. Sales for this owner were 400,000 Baht for the first month.

The business has only been open a month but the owner wants to sell.

PRICE: 5,500,000 Baht

BKK14212

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Edited August 22, 201114 yr by SunbeltAsiaAdvisor