Sunbelt Asia Posted December 8, 2012 Share Posted December 8, 2012 This popular theme pub has been in business for over 15 years and has built up a good base of both local, expat and tourist trade with a good name for quality pub grub, imported ales as well as Thai and International Food set in a comfortable pub atmosphere. A turnkey business with high quality foreign management and a loyal customer base, well-known brand name, staff loyalty and an excellent reputation make this an attractive opportunity for someone looking to get into the burgeoning Jomtien market. The pub is located in Jomtien and offers popular Pub Quiz nights, pool league, and big screen televisions showing sports, the pubs are a popular destination for those who just want to sit, relax and enjoy a beer or food in comfortable surroundings. The pub seats a total of 170 in a 400 sqm building that has a base monthly revenue of 11% of the revenues after VAT and a 10 + 10 + 10 renewable lease that expires in 2018 and is renewable for two more ten year periods. All land and stamp duties/ taxes are considered in the agreement with the lessor. This thriving Jomtien business has annual receipts of over 23.5 million Baht with a monthly payroll for 36 employees of 370,000 Baht. The pub has fixtures and fittings valued at 15 million Baht and an inventory valued at 250,000 that is included in the price. This popular pub is being sold as the owners and shareholders find their time and interest divided to personal interests. They feel that it is time for the younger generation with more drive and determination to take up the reins. ASKING PRICE: 10 million Baht BKK14398 [sunbelt][/sunbelt] Link to comment Share on other sites More sharing options...
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