No photo available
Established in 2004, this large, well known Bangkok Pub draws good crowds due to its tourist area location. There are over 2,000 square metres to utilise, and the owner has secured a favourable long term lease that does not expire until 2016; nevertheless he feels the time is right to part with his business, as he has grown tired of managing the venture (he has never owned a bar before and feels his inexperience is holding back the business). Even though receipts of 12,000,000 baht were earned in the last financial year, the business barely broke even, and the pub is therefore available for less than asset value. There are obviously good basic results to build on, and the owner feels that an investor with experience in this field would prosper. Overheads are quite high due to the size of the business; monthly rent is set at 200,000 baht and the wage bill totals 400,000 baht per month for 40 full time employees.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.