| Date | Header | Price | ||
|---|---|---|---|---|
| 19/05/2006 | Luxurious Bar/Restaurant | 9 700 000 | ||
-- Hotel/Guesthouse -- Northern Region
-- Chiang Mai -- --
| Edit | |||
| 19/05/2006 | New Restaurant, Bar and Guest House |
375 000 | ||
| BKK11616PW - The owner of this brand new Restaurant, Bar and Guest House in Chiang Mai already has a full time job and cannot manage the venture properly; he therefore feels compelled to offer the enterprise for new ownership, and will accept just 375,000 baht. The bar is already renowned in Chiang Mai as a party venue, right in the heart of the city, and it boasts a popular leafy beer garden. There are seven guest rooms in the single storey building which has total floor space of 700 square metres and monthly rent of only 15,000 baht. The owner feels that it is too early to predict financial results, as the doors only opened two months ago; however the alcohol sales are leading to gross receipts of around 90,000 baht per month, and the bar charges 20,000 baht for each party that is held. Room rates are set at 100 baht per night for a single and 150 baht per night for a double room. The assets include a pool table, new beds and a sound system with large speakers. The business is already mentioned in tour guides and tourist maps, and the owner feels that wedding party bookings would help to boost profits. Annual revenue 0 Annual Owner's benefit (earnings before taxes and depreciation) 0 Furniture, Fixtures & Equipment included in the Investment Price 40,000 Baht ($1,000) Your Total Investment to own this business 375,000 Your Initial Cash Investment Needed 375,000 Baht ($9,375) Inventory included in the Investment Price 100,000 Baht ($2,500) | ||||
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