Pub And Restaurant On Patong Beach

This popular pub and restaurant is located on busy Patong Beach in Phuket and can seat 220 people in the 357 sqm premises. The restaurant is meters from the main beach and draws in both resident expats and tourists alike. The pub is open 7 days a week from 9 a.m. to 2 a.m.

With an air-conditioned pool area, live music and popular pub grub for sale, the restaurant and pub has seen monthly sales average around 4 million baht for the past 6 months and year sales around 50-60 million a year. The business has 26 full time employees drawing a monthly payroll of around 328,000 Baht. Rent for the premises is 800,000 Baht a month and the 3 year renewable lease expires in 2015. A rental deposit of 2.45 million Baht is not included in the sale price. Utilities average around 140,000 Baht a month. In previous high seasons the sales have been as high as B7mil per month

Assets included in the sale are valued at around 14 million Baht and inventory around half a million Baht.

The owner is selling his business to concentrate on other business interests in other areas of Thailand.

ASKING PRICE: 30 million Baht

BKK14308

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