Date | Header | Price | ||
---|---|---|---|---|
-- Bar -- Eastern Region
-- Chonburi -- --
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20/05/2006 | Jazz and Karaoke Bar in Jomtien |
1 700 000 | ||
BKK1762C - This clean and attractive Jazz and Karaoke Bar is well located in Jomtien, in a modern double shop house. The current rent is 18,000 Baht, and a further three year option is possible after the lease expires in October 2005. The premises are 380 square metres, with 35 seats and four floors in a double shop house. The ground floor is nicely decorated, and there are two Jacuzzis and massage tables on the first floor, with the owner’s luxurious duplex residence located on the upper floors. The assets that are to be included in the sale have a value the same as the asking price, and include a fully fitted commercial kitchen. The owner is offering the business as he is buying a guest house, and cannot afford both investments. Annual receipts of 1,300,000 baht are producing profits of 600,000 baht, and the bar operates from 4pm until 1am. Contact Sunbelt Asia for more information. Annual revenue 1,300,000 Baht ($32,500) Annual Owner's benefit (earnings before taxes and depreciation) 600,000 Baht ($15,000) Furniture, Fixtures & Equipment included in the Investment Price 1,700,000 Baht ($42,500) Your Total Investment to own this business 1,700,000 Your Initial Cash Investment Needed 1,700,000 Baht ($42,500) Inventory included in the Investment Price 10,000 Baht ($250) | ||||
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