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   Date    Header Price  
-- Bar -- Eastern Region -- Chonburi -- --   GE Edit
16/05/2006

Pattaya Go-Go Bar

4 500 000
pic Pattaya Go-Go Bar tn 1 Pattaya Go-Go Bar
UPDATE! The asking price has been lowered from 5,500,000 baht to 4,500,000 baht, and the owner will also now accept just 50% of that amount as an initial investment, with the balance payable over a period of between three and five years. He considers that this is a very attractive proposition, especially considering that there is a nine year lease with no key money requirement.

BKK12152RL - This Pattaya Go-Go Bar enjoys healthy financial results after five years of trade. Annual receipts of approximately 6,000,000 baht are yielding net profits of 1,900,000 baht after the deduction of all costs, including monthly rent of 55,000 baht and salaries of 160,000 baht per month. The bar sits in a well known nightlife soi running off Walking Street, so foot traffic is high. The owner has been running several such enterprises over recent years, and he has decided that he now needs to take some time off to enjoy the fruits of his labour. A very long lease is currently in place, and this runs until 2014, with an option to renew; another attractive aspect is the lack of a key money requirement. An added bonus is the very attractive air-conditioned apartment, with a fully fitted kitchen, that sits above the business. This could be used as owner accommodation, and it is located on the top floor of the four storey building. Without doubt sitting in one of Pattaya’s highest profile locations, the turnkey enterprise is running smoothly, with 35 staff members under employment and detailed financial records to peruse.


Annual revenue 6,000,000 Baht ($150,000)

Annual Owner's benefit (earnings before taxes and depreciation) 1,900,000 Baht ($47,500)

Furniture, Fixtures & Equipment included in the Investment Price 1,500,000 Baht ($37,500)

Your Total Investment to own this business 4,500,000

Your Initial Cash Investment Needed 4,500,000 Baht ($112,500)

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