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   Date    Header Price  
18/05/2006  Bangkok Bar3 490 000
18/05/2006  Pattaya Beer Bar2 500 000
-- Bar -- Eastern Region -- Chonburi -- --   GE Edit
18/05/2006

Pattaya Bar

2 000 000
BKK12127RL - The owner of this Pattaya Bar has been in place for eight years, and has now decided that he wants to change his life and go in an entirely different direction. He has built the business up so that annual receipts of around 2,500,000 baht are producing net profits in the region of 1,500,000 baht. The good financial results are through the bar itself, and seven rooms for rent on the upper floors (the building has four floors in total). Monthly rent is 20,000 baht on a three year plus three year lease contract. The location is good, within easy reach of Walking Street and Beach Road, and the enterprise has been attractively priced to sell, with an asking price that represents less than one and a half times earnings.


Annual revenue 2,500,000 Baht ($62,500)

Annual Owner's benefit (earnings before taxes and depreciation) 1,500,000 Baht ($37,500)

Furniture, Fixtures & Equipment included in the Investment Price 1,000,000 Baht ($25,000)

Your Total Investment to own this business 2,000,000

Your Initial Cash Investment Needed 2,000,000 Baht ($50,000)

Inventory included in the Investment Price 500,000 Baht ($12,500)

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