Date | Header | Price | ||
---|---|---|---|---|
-- Restaurant -- Bangkok and Vicinities
-- Bangkok -- --
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18/05/2006 | Music Pub and Restaurant |
1 000 000 | ||
BKK12054YT - This Music Pub and Restaurant has two easy listening music bands playing folk songs every night, and is located in the Chatuchak area of Bangkok. The atmosphere is relaxing, and the venue is therefore popular amongst office workers who want to relax after a stressful day. Total floor space is 78 square metres, and the site can accommodate 120 customers. Established five years ago, this entertainment spot has grown in popularity since it was launched, and now has a large customer base. This has led to annual receipts of 2,500,000 baht and net profits of 750,000 baht being earned in the last financial year. Providing a unique theme in the area, this entertainment spot is open daily from 6 p.m. to 1 a.m. The business is owned by the same owner as listing BKK 12053, and the same reason for sale applies, as the two venues sit close to one another, but a long way from her home. This business is also therefore easily accessible by public transport, and also has ample parking for around 1000 vehicles. Monthly rent is also 30,000 baht on a three year renewable lease. The asking price is set at only 1,000,000 baht, but this price includes assets valued at 800,000 baht. Annual revenue 2,500,000 Baht ($62,500) Annual Owner's benefit (earnings before taxes and depreciation) 750,000 Baht ($18,750) Furniture, Fixtures & Equipment included in the Investment Price 800,000 Baht ($20,000) Your Total Investment to own this business 1,000,000 Your Initial Cash Investment Needed 1,000,000 Baht ($25,000) | ||||
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