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Stylish Bar And Discotheque
Location Thailand
Asking Price Range < $250K
Gross Revenues $120000
Net Profit / Cash Flow $35000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2007
Number of Employees 6 - 9
Inventory 20000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Yes.
Reason for Sale Another partner (managing) has left the business.
Description Established over two years ago in a prime tourist location on Koh Samui, this dynamic Discotheque and Showbar for sale has been successful ever since. Sitting on Chaweng Beach Road, the establishment is surrounded by resorts, restaurants, bars and shops, and consequently benefits from busy foot traffic all year round. Decorated in contemporary style, the 120 square metre air-conditioned bar contains a top class light and sound system, a large video screen, a dancing area and a stage for nightly show performances.
A 2,000,000 baht registered company is included in the sale, and this provides one work permit. In the last financial year receipts totaling approximately 3,700,000 baht produced net profits of roughly 1,120,000 baht, with the main overheads being monthly rent of 20,000 baht and salaries for 9 full time employees. The lease does not expire until October 2011, and this can be renewed for a further three year period.
Real Estate: Lease
Lease terms: The lease does not expire until October 2011, and this can be renewed for a further three year period.
Leasehold rent: $6,900 per annum
Location: Sitting on Chaweng Beach Road, the establishment is surrounded by resorts, restaurants, bars and shops, and consequently benefits from busy foot traffic all year round.
Size: 120 sq.m
Support & training: Any as I am living here and the bar can change the hands smoothly
Reasons for selling: Other business requires all of my attention
Trading hours: from 10 pm to 3 am
Furniture / Fixtures value: appx $18,000 (included in the asking price)
Inventory / Stock value: appx $2,000 (included in the asking price)
Asking price: 3,300,000 baht (approximately $97,000).
For more information: maleboxsamui.com/sale/. Email or call Mobile: 089-65-13-163
Click Here To Contact Seller
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