Phuket Wine Bar

This casual and yet still elegant wine bar in Phuket specializes in wines and imported beers and also has a kitchen that offers food and snacks for customers. The ambiance of the wine bar features warm lighting, relaxing music and wine-friendly dishes and dessert.

The 418 sqm premises comfortably seats 75 people and has a monthly rent of 50,000 baht. There is 3+3+3 renewal option on the lease with 10% increase of rent every 3 years. Monthly payroll for 4 full time employees is 117,000 baht.

Inventory is valued at 1 million baht while other assets are valued at 700,000 baht and are included in the sale.

The seller established the business 3 months ago but has found that he does not have the time to devote to the business so has set an attractive asking price of a bit more than the value of the inventory and assets.

ASKING PRICE: 2.7 million Baht

(bkk14344)

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