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   Date    Header Price  
20/05/2006  Trendy discotheque in Phuket2 500 000
20/05/2006  Phuket Pub6 000 000
20/05/2006  Guesthouse and Restaurant1 500 000
20/05/2006  Samui Roof Garden Restaurant5 200 000
-- Bar -- Northern Region -- Chiang Mai -- --   GE Edit
20/05/2006

Pub and Private Club

500 000
UPDATE! The business has now been open for over a year, and the forecasts have proved to be very accurate, as the net profits for the last 12 months came in at 768,500 baht. Nevertheless, the owner has other business interests to take care of, and he has lowered the asking price from 500,000 baht to 300,000 baht.

BKK1945GW - Located in the Chiang Mai Land Village, this brand new Pub and Private Club sits in a four storey building, with rent of only 9,000 baht per month on a rolling annual lease. The pub sits on the ground floor, with the club above, and two storeys of accommodation on floors three and four. Only opened a few weeks ago, financial results are hard to predict, but the previous month produced profits of 65,000 baht from receipts of 152,000 baht. If these figures were to reflect annual sales, it would equate to profits of 770,000 baht from receipts of 1,825,000 baht, which would make this business an absolute bargain. Not only that, but owner finance is available, with a very low initial investment of only 100,000 baht required!


Annual revenue n/a

Annual Owner's benefit (earnings before taxes and depreciation) n/a

Furniture, Fixtures & Equipment included in the Investment Price 350,000 Baht ($8,750)

Your Total Investment to own this business 500,000

Your Initial Cash Investment Needed 500,000 Baht ($12,500)

Inventory included in the Investment Price 20,000 Baht ($500)

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