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   Date    Header Price  
16/05/2006  Phuket Bar3 000 000
16/05/2006  Popular Phuket Bar3 100 000
-- Bar -- Bangkok and Vicinities -- Bangkok -- --   GE Edit
16/05/2006

Bangkok Bar

 1 200 000
BKK12172RM - This Bangkok Bar would make a perfect investment for a first time investor who wished to be an owner/operator. The current owner opened the business four years ago, after spending 1,600,000 baht on the assets and leasehold improvements; other business interests have meant that the owner spends very little time at the bar however, and this has prompted the sale at approximate asset value. Due to the bar being neglected, annual receipts of 2,400,000 baht are only yielding net profits of 80,000 baht. The location is good however, as the bar sits in an expatriate area in a leading Sukhumvit soi, with hotels, apartments and many other bars around. No food is being provided, so this would possibly be an avenue to explore to boost profits. The rent is set at 36,000 baht per month on a rolling annual lease contract, and there are currently just four part time employees running the business, on a total payroll of 15,000 baht.


Annual revenue 2,400,000 Baht ($60,000)

Annual Owner's benefit (earnings before taxes and depreciation) 80,000 Baht ($2,000)

Furniture, Fixtures & Equipment included in the Investment Price 1,600,000 Baht ($40,000)

Your Total Investment to own this business 1,200,000

Your Initial Cash Investment Needed 1,200,000 Baht ($30,000)

Inventory included in the Investment Price 50,000 Baht ($1,250)

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