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   Date    Header Price  
-- Bar -- Bangkok and Vicinities -- Bangkok -- Sukhumvit --   GE Edit
26/11/2015

600 000
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Bar with Rooms Above on Sukhumvit Soi 22
for Sale and Rent
Listing No. 66-0790

• Business: Bar
• Location: Sukhumvit Soi 22,
Sukhumvit, Bangkok. Close to the old
Imperial Queen’s Hotel (soon to be a new
Marriott Hotel)
• Building: Single Shop House – 5
floors with entry from the ground level.
• Size: approximately 340m2 over 5
levels
• Features: The air-conditioned
bar, with a small outdoor seating area and
toilet are on the ground floor. There is
a double glass front fridge and wall fans.
The upstairs is very much under-utilized.
There are 7 rooms on 4 levels with
bathrooms on all floors. There are 3 bath
tubs throughout loaning itself to use as
massage rooms or guest accommodation.
• Options: The landlord of this
building also owns the next-door building
where the ground level is a bar. That bar
is also for sale, giving a potential buyer
the ability to buy/rent both and make one
large bar on the ground level.
• Tenure: Leasehold, 3 years
renewable
• Staff: Currently 3 salaried
staff, with a monthly payroll of 26,000
baht
• Licenses: The bar music license
is current and come with the business
• Stock: Stock is not included in
the price
• Rent: 50,000 baht a month
• Utilities: About 6,000 baht a
month
• Security: 2,000 baht a month
• Car Parking: Limited customer car
parking is available in the nearby soi’s
• Business Operational: Yes, has
been operating under this name since 2013
• Transition: The owner will assist
in transitioning the business for a short
period after settlement, if required
• Reason for Selling: Has other
business interest outside of Bangkok
• Revenue: About 180,000 baht a
month
• Net Profit: About 40,000 baht a
month
• Financials: May be made available
to genuine buyers, only after inspection
• Asking Price: 600,000 baht
• Price Negotiable: Yes, near
offers will be considered
• Security Deposit: 150,000 baht
paid at the time of settlement to the
Landlord (negotiable). Subject to
compliance with the rental agreement,
refundable upon termination of lease
agreement
• Key Money: N/A
• Sale Terms: 20% deposit (to
secure the business and remove it for
sale) and the balance within 30 days.
Ownership does not transfer until payment
has been received in full
• More Information: Further details
will only be provided after inspection
• Inspections: 24 hours’ notice is
required to inspect this business.
Inspection times are between 5pm and 8pm
Monday to Saturday
• Agents: No Agent inquiries please
Send email to advertiser Asian Business Brokers staying in Thailand or call: ##########.
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