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   Date    Header Price  
20/05/2006  Jazz and Karaoke Bar in Jomtien1 700 000
20/05/2006  Sports Bar and Pool Lounge18 000 000
-- Bar -- Northern Region -- Chiang Mai -- --   GE Edit
20/05/2006

Karaoke Lounge

830 000
BKK1744GW - This eight room Karaoke Lounge, in a busy Chiang Mai entertainment complex, has had 1,600,000 baht invested in computers, video and sound equipment, furnishings and decoration. Each room is fully furnished in modern style, and seats up to six people. The tastefully styled lobby and bar seats 18 customers, and serves beer, whiskey and Thai food. With total floor space of 144 square metres, the business runs seven days a week, from 6pm until 2am, with annual receipts of 1,800,000 baht. The owner wishes to pass on this investment opportunity as he has a full time job, and cannot spend enough time with this venture. Rent is 36,000 baht per month, and there is a two year lease in place


Annual revenue 1,800,000 Baht ($45,000)

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

Furniture, Fixtures & Equipment included in the Investment Price 1,600,000 Baht ($40,000)

Your Total Investment to own this business 830,000

Your Initial Cash Investment Needed 830,000 Baht ($20,750)

Inventory included in the Investment Price 15,000 Baht ($375)

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