Sunbelt Asia Posted December 8, 2012 Share Posted December 8, 2012 UPDATE: The price of this business has been reduced from 12,000,000 Baht to 6.000.000 Baht as the owner is seeking a quick sale. Also included in the sale price are newly installed air conditioning units and sofas. This Koh Samui based bar and nightclub has become available for purchase as the owner is taking on a new business venture outside of the Koh Samui area. This business is located in one Samui's most popular nightspots, with capacity and seating for over 100 customers. The business was established by the owner in 2011 and has now been open for just over 6 months. To date the business has accumulated monthly sales ranging from 800,000 Baht in the worst month, to 1,600,000 Baht in the busiest month. Monthly net profits after all expenses have been deducted range from200,000 Baht to 400,000 Baht, depending on the season and other business factors. The business currently has 7 full time employees commanding total monthly salaries of 49,000 Baht. The business benefits from a long lease term, with a 9 year lease that will expire in 2020. The monthly rental for the premises that measures approximately 380 square meters, encompassing 2 floors, is 58,000 Baht. This bar and nightclub is open 7 days a week from 8pm-4am and already in place are music, alcohol and cigarettes licenses. Included in the sale price is stock valued at 120,000 Baht and furniture, fixtures and equipment valued at 1,200,000 Baht. The business has a pool table that is rented and the income from the table is shared between the bar and the rental company. A fully licensed Thai limited company is included in the sale price as well as a business insurance package. The owner is seeking a quick sale and is therefore open to offers on the business. New Asking Price: 6,000,000 Baht BKK14347 [sunbelt][/sunbelt] Link to comment Share on other sites More sharing options...
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