Description

Located close to the Thapae Gate in the heart of the Chiang Mai tourist belt, this profitable Bar has become available for new ownership due to owner relocation. The bar only opened for business in 2005, but realised net profits of 500,000 baht from receipts of 1,800,000 baht in the first year of trade. Assets to be acquired with the business include a laptop computer, a sound system, a 52” TV and a pool table. The two storey building has fully furnished owner accommodation above the bar, and incurs monthly rent of 20,000 baht, although this is payable every three months in advance (60,000 baht per quarter), on a three year lease with a three year option to renew.

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