SunbeltAsiaAdvisor Posted November 24, 2011 Share Posted November 24, 2011 A Nightclub & Restaurant is now available for sale fronting Ekkamai main road. This is one of the key venues in the Thong Lo/Ekkamai area and has been drawing crowds for more than 6 years. New owners invested 7 million Baht to refurnish and decorate the 700 sq.m stylish premises. Well known Thai designers and architects were key in producing the comfortable, elegant and trendy atmosphere. Since the owners invested massively into renovating the place a new 6 years (3+3) lease has been granted to them by the landlord at a rental rate of 150,000 baht only! There are no lease transfer costs either. This is a key location highly visible on Ekkamai main road featuring a decorated garden with large terrace, elegant surroundings, as well as ample parking. A fully licensed Thai limited company is being registered on premises and can also be included in the sale. The restaurant and nightclub are bringing in around 800,000 baht in sales per month by organizing parties and live music events, from which a 190,000 baht cash flow can be secured. Overheads include a payroll of 270,000 baht for the 23 full time employees as well as the rent and utilities. The partners decided to place this unit for sale to re-invest the funds in other of their other ventures. ASKING PRICE: 10 million Baht BKK14315 [sunbelt][/sunbelt] Link to comment Share on other sites More sharing options...
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