EBT1045 – Lower Sukhumvit Bar for Sale

Situated in a 5-story shop house in one of lower Sukhumvit road's entertainment sois, this expat run bar has been serving drinks to mainly foreign customers for over 5 years. Open 7 days a week, the bar sees heavy foot traffic both day and night, bringing in customers for drinks and pool from approximately 1:00PM to the early hours of the morning. All licenses are in place and current for a new owner to continue operation. Last year's financial results saw revenues of 4,600,000 Baht bring net profits of 1,600,000 Baht after payment of all expenses. A new owner will benefit from a brand new three year lease at 90,000 Baht per month with a three year extension. There are a total of three full-time staff earning a total of 18,000 Baht per month. The owner is now looking to sell the business as he is ready to move on to a larger project and requires the cash to do so. All is in place for a new owner to continue making profits from day one. There is even on-site accommodation and room to build guestrooms should the new operator decide to do so. The asking price has been placed at 4,600,000 Baht and there is even the possibility of some owner financing, with a minimum of 3,000,000 Baht required at closing. 

Asking Price: 4.6 Million Baht