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   Date    Header Price  
18/05/2006  Pattaya Bar1 500 000
18/05/2006  Well established Bar,Bangla Road, Patong2 300 000
18/05/2006  Phuket Bar4 700 000
-- Bar -- Southern Region -- Phuket -- --   GE Edit
18/05/2006

Phuket Bar

1 900 000
BKK12151MC - The owner of this one year old Phuket Bar was given the business as a gift in 2005. She has run the business since then, but her heart has never been in it; she would prefer to move into another field altogether, and will consequently listen to offers. Even so, she has managed to derive annual net profits of 1,200,000 baht, from receipts of 2,400,000 baht in the 12 months of trade so far. An attractive asking price has been set, so that the new owner could feasibly recoup their investment within 18 months or so if current results were to be maintained. The bar measures 32 square metres, and has 20 seats and 10 bar stools. Only two employees are retained, and they are paid 3,000 baht per month each. Monthly rent is set at 45,000 baht on a three year plus three year lease.


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

Annual Owner's benefit (earnings before taxes and depreciation) 1,200,000 Baht ($30,000)

Furniture, Fixtures & Equipment included in the Investment Price 200,000 Baht ($5,000)

Your Total Investment to own this business 1,900,000

Your Initial Cash Investment Needed 1,900,000 Baht ($47,500)

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