Bangkok Nice Lower Sukhumvit Bar

[SunbeltAsiaAdvisor]

<h2 class="h2-top"> Bangkok Nice Lower Sukhumvit Bar Listing ID# BKK13742 </h2> <h2 class="h2-bottom"> 1,800,000THB </h2> BUSINESS SUMMARY

A registered company providing enough capital for a work permit is also included in the sale.This Bangkok Bar was established over four years ago next to a well known lower Sukhumvit hotel. One of the partners has recently decided to retire and the remaining partner does not wish to run the enterprise on his own. An attractive asking price equivalent to little more than annual earnings has therefore been set to achieve a rapid business transfer. In the last financial year receipts totalling roughly 5,600,000 baht yielded net profits of approximately 1,600,000 baht after all expenses were deducted. The main overheads are rent, payable at a rate of 80,000 baht per month on a rolling annual lease contract, stock replacement costs, utility bills and staff salaries which total 36,000 baht per month for six full time employees. The bar measures 115 square metres and can accommodate 80 customers; eye-catching interior design has been augmented by wooden floors, and the bar features two pool tables and a small stage for live music performances. Assets valued at 750,000 baht are incorporated in the sale. Asking price: 1,800,000 baht.