SunbeltAsiaAdvisor Posted August 4, 2011 Share Posted August 4, 2011 Bar & Grill with 9 room hotel Established in 2005, it is one of the oldest music pubs in Bangkok and is well known for its friendly atmosphere and wide selection of delicious American, Mexican, International, and Thai food drawing in a range of clientele, including resident expats, Thais and tourists as the hotel guests eat in the restaurant as well. The premises measure 720 square meters over 5 levels : ground floor bar and dining booth, 1st floor pool table and smoking area, 2nd floor the sport lounge, 4th and 5th floor hotel. There is also a rooftop bar and BBQ terrace. Open 7 days a week from 11 a.m until 1 a.m, the business has 11 full time employees drawing 95,000 baht a month in salary, rent is 170,000 baht per month. The rental month income for the hotel is 90,000 baht. The business yields 8.5 million baht a year in annual receipts and2.5 million baht in net income. The seller can finance part of the sale, a security deposit is included in the selling price. A business conflict with the partner necessitates the sale of yhis profitable business. A down payment of 3.2 million baht is required. ASKING PRICE : 16 million Baht BKK14257 [sunbelt][/sunbelt] Link to comment Share on other sites More sharing options...
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