Bar Cocktail Business
Location Laos
Asking Price Range $500K - $1.0M
Gross Revenues $57000
Net Profit / Cash Flow $26000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Owner needs to relocate for overseas company + familly that demand his attention.
Description For Sale Vientiane Lao PDR. For sale Bar Cocktail in the heart of Vientiane capital of Lao PDR. Strategically located heart of tourist and historic area. Built up over last 4 years (Size / 230 sq feet meter, 2 floor, patio, terrace, capacity 150 people). First floor bar coktail and second floor full equiped for private party, Dj party, movie night and others events. This has become a popular spot for X-pats; Tourists; Local customers .
All assets are included in the sale, bar materials, sound system, sofas, tables, chairs, CCTV, Air-conditioning, flat screen television, website. The cost of alcohol stocks must then be taken into account.
Real Estate: Lease
Lease terms: The current lease expires in March 2016, but the landlord has declared his flexibility towards agreeing a long term lease of 2x 5 years option.
Planning consent : Any extension or possible agreed by renting contract. Renting location $350 US Dollars per month (free at March 2012). 2 employees on the roster and their salary around $250 / $350 with extra worker. Easy to run and all training provided for new operator ,easy be expanded others activities (restaurant, beauty salon, massage spa); The seller will remain available to assist the new owner after take-over.
Detailed information will be disclosed personally to a serious buyer. Reasons For Selling : owner needs to relocate for ''overseas company'' + familly that demand his attention.
Price $75,000 Dollars. For more details photos please ask. Email or call Laos at 00856 207.785.7525.
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