- Advert ID: 494228
- (Seller ref: BOC0081)
Guest House And Bar For Sale
SOLD (Subject to Contract)
- Location:
-
- Thailand
- > Pattaya
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Summary
- Asking price:
- $86,000
- Sales revenue:
- < $500k
- Net profit:
- $250k < 500k
- Years established:
- 3
- Employees:
- 6
Business description
A restaurant with 10 quality guest rooms is being offered for lease in one of Pattaya’s sexiest Soi’s. Heavy passing tourist trade year round make this an attractive proposition for the would-be purchaser. The 34-seat restaurant is located in a four-storey, double unit shop-house and includes a pool table, flat-screen TV and separate air-conditioned room with three internet stations. There is a separate entrance to the guest rooms, all of which are air conditioned and fully furnished and which produce between 70.000 Baht and 80.000 Baht net profit per month. There are a further two staff rooms, not air conditioned, and an emergency exit at the rear of the property. The current lease expires in September 2008 and is renewable for a further 3+3 years. The monthly rent is 40.000 Baht.
Property information
- Real Estate:
- Lease
- Lease terms:
- 3+3+3 year lease. Monthly rent is 40.000 Baht. "Key Money' is negotiable.
- Location:
- Busy year-round location in Pattaya.
Other information
- Support & training:
- Owner provides one month training
- Reasons for selling:
- Owner retiring
- Trading hours:
- 24
- Furniture / Fixtures value:
- $14,300
Contact the seller
need to search again?
- Thailand
- > Pattaya
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