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-- Bar -- Bangkok and Vicinities
-- Bangkok -- Sukhumvit --
| 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 | ||||
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