Code : LE67020006

Property Type : Estate/Trade Area

Transaction :   Liquidate

Zone : The East of Bangkok

Province : Bangkok » Khet Phra Khanong

Turn Key Bar and Restaurant for Sale in Bangkok
Listing No. 066-01-33-022

• Business: Bar and Restaurant
• Location: Bangkok, Thailand
• Features: This large (over 250m2) bar and restaurant is well established and caters to a mix of about 50/50 Thai customers and expat customers who live nearby. It is a single-story stand-alone building with parking out front and to the side. It is located a short walk from the Punnawithi BTS in a busy and trendy soi with lots of shops and condo buildings.
Currently trading 6 days a week and fully staffed, including a competent manager, the owner has little need to contribute to the day-to-day operation and is rarely on-site. Although prior to COVID the business was producing profit figures of around 100k a month, it currently produces (on average) about 15K a month net profit. Features include two 9’ competition pool tables, darts board, large screen TVs, sound system, POS, stage, lockable bar service area, fully fitted kitchen, a well-stocked bar, store room and seating for about 80 people comfortably. Some of the equipment includes a Yamaha PA/music system, TV system on HDMI switch (enabling 8 inputs and 8 outputs), Blue Bartender POS, and in the kitchen, a pizza oven, microwaves, 4 gas burners, fridges and freezers.
This business was more-or-less created for the owner’s partner and they separated some years ago so the owner has moved on with new interests and work, and only kept the business as it didn’t require a lot of his attention and provided him with a nearby venue to socialize with his friends.
The business is stocked, trading, well-managed and profitable. It is priced to return investment in a reasonably short period – who knows, a new owner may be able to return it to the pre-COVID days of 100K per month. Financials may be provided to potential buyers after inspection and completion of a non-disclosure agreement. Ready use stock is included in the asking price and the owner will assist with transitioning if needed. There is no company offered with this listing, but all the required licenses are in place. The landlord does not charge Key Money.
• Tenure: Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease)
• Asking Price: THB 2,200,000
• More Information: Please provide your name, phone number (with country code) and email address so we can contact you to assist

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