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   Date    Header Price  
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18/05/2006  Restaurant2 200 000
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-- Bar -- Bangkok and Vicinities -- Bangkok -- --   GE Edit
18/05/2006

Bangkok Bar

3 490 000
BKK12121RM - This Bangkok Bar sits in a high foot traffic tourist area, in lower Sukhumvit. The five level shop house has excellent décor, and a massage service is also offered on two of these levels, along with overnight accommodation on another of the two floors, with the bar itself forming the ground floor. The living space could be utilised for owner accommodation, or even for staff quarters. The asking price includes 1,000,000 baht key money which has already been paid for the five year lease, a 140,000 baht deposit and an inventory of stock worth around 40,000 baht. Monthly rent is very reasonable for this high profile location, at only 74,000 baht. The owner has two other businesses he needs to concentrate on, so will sell this one, and turn his back on annual net profits of approximately 500,000 baht, derived from receipts of 2,800,000 baht. The payroll totals 40,000 baht per month for 10 full time employees, and the bar can seat over 40 customers at any one time. The owner has operated these premises for a little over a year; he spent 1,500,000 baht on the assets and leasehold improvements at start up.


Annual revenue 2,800,000 Baht ($70,000)

Annual Owner's benefit (earnings before taxes and depreciation) 500,000 Baht ($12,500)

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

Your Total Investment to own this business 3,490,000

Your Initial Cash Investment Needed 3,490,000 Baht ($87,250)

Inventory included in the Investment Price 40,000 Baht ($1,000)

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