Famous Phuket Bar And Restaurant For Sale

Business description

This very successful and famous bar and restaurant on the beautiful island of Phuket, is located at a prime location in the village of Kamala for 9 years now and is very popular with both local expats and tourists alike. Due to personal circumstances the owner and establisher has decided to relocate back to his country.

Within the large area of 450 square meters this business combines a comfortable and friendly bar/restaurant, fully equipped kitchen, garden (Incl. small swimming pool), storage annex garage and a 1-bedroom apartment (70sqm).
The bar restaurant facility includes 110 seats, poolroom with 2 pool tables, 5 flat-screen televisions and 3 beer taps. Western food is the specialty of the restaurant, but a full Thai menu is also available. Opening hours are from 2.00 p.m. till 2.00 a.m.
The luxury apartment is tastefully furnished with 2 air-conditionings, king-size bed, flat-screen television, kitchen and bathroom.

Last year turnover amounted over 10-million Baht. Books for all previous 9 year are available. A new 10 years contract has already been signed and valid till May 2021. The monthly rent is 31.000 Baht and partly prepaid. Fixtures, furniture and equipment are valued at 3.500.000 Baht and includes 1 motorbike, power/air tools, stainless steel BBQ, sound system, generator, 6 flat-screen televisions, 4 televisions, 2 computers (incl. computerized till-system), camera security system, 9 refrigerators, 3 freezers. If required, the current owner is willing to stay for another couple of months to give all support needed. All in all, this establishment is an excellent opportunity to make a good living in Thailand possible and comfortable. The asking price is 7 million Baht. For more information, please inquire

Property information

Real Estate:

Lease

Business Operation

Employees:

10

Years established:

2001

Other information

Furniture / Fixtures value:

$113,000 (included in the asking price)

Inventory / Stock value:

$4,000