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Bar and Restaurant

A rare opportunity has arisen to acquire a quality Bar, Restaurant and Guesthouse enterprise in a busy corner location in Central Pattaya. The 140 square metre ground floor consists of a classic Western style sports bar and restaurant, with a spacious kitchen and an office. Fully air-conditioned, with ceiling fans to boot, the business has a long elegant bar and two large screen televisions. The two floors above contain eight large fully furnished and equipped guest rooms. The freehold offering consists of the business itself, plus the building and land package that carries a valuation of 10,800,000 baht. Only one year old, the enterprise garnered net profits of 3,500,000 baht from receipts of 5,500,000 in that 12 month period. The new owner will be acquiring a new, well maintained building, a profitable turnkey enterprise and a thoroughly trained workforce of eight employees. Being exhausted after trying to run two large businesses at once, the owner has decided to sell this one.

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Thailand
Pattaya

Financial Information

No

Company Information

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2005
6 to 10

Seller Information

Greg Lange
Sunbelt Bangkok
Bangkok,