Bar and Lounge

Ref : BANGKTH0013389
Listing Type : Bar & Lounge
City : Chaweng
Region : Koh Samui, Suratthani
Number of seats :
80

Building size : 150 m²
Number of employees : 13
Monthly rent : 33,000 Bath
Furniture, Fixtures & Equipment : 1,200,000 Baht ($36,297)
Inventory at Cost : 1,000,000 Baht ($30,248)
Annual Receipts (2006) : 4,200,000 Baht ($127,041)
Annual Profit (2006) : 2,200,000 Baht ($66,545)
Asking price : 1,500,000 Baht ($127,041)

Description : Owner retirement forces the sale of Koh Samui’s first Gay Bar/Cabaret, which is located in a busy road in the middle of Chaweng, close to many hotels and resorts. Measuring 150 square metres, the bar has a dance stage, a DJ booth and high quality sound and lighting systems. A long nine year lease contract is in place, and rent of 33,000 baht is applicable. As this is the only bar in Chaweng with a cabaret, the bar has built up a good reputation, and is busy seven nights a week; this leads to good financial results, and annual receipts of around 4,200,000 baht are yielding net profits of roughly 2,200,000 baht. There are six full time employees in place, along with 10 freelance workers, and monthly salaries total 24,000 baht.

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Ref : BANGKTH0013161
Listing Type : Bar & Lounge
City : Chaweng
Region : Koh Samui, Suratthani
Number of seats :
30

Building size : 50 m²
Number of employees : 1
Monthly rent : 30,000 Bath
Furniture, Fixtures & Equipment : 500,000 Baht ($15,124)
Inventory at Cost : 200,000 Baht ($6,049)
Annual Receipts : 3,600,000 Bath ($108,892)
Annual Profit : /
Asking price : 1,500,000 Baht ($45,372)

Description : A small but well located Koh Samui Beer Bar has become available for acquisition due to the planned relocation of the current owner. The bar sits in the vicinity of Chaweng Beach Road, and daily income of around 10,000 baht is already coming in even though it only opened six months ago. This means that the bar is due to earn annual receipts in the region of 3,600,000 baht, with the main overheads being monthly rent of 30,000 baht and wages of 8,000 baht per month for one full time employee (the owner also works full time at the bar). Around 500,000 baht was spent to set up the business, and the owner feels that an asking price of just 1,500,000 baht represents very good value when the location and net profits to date are taken into consideration. Realistic offers will also be entertained. The nine year lease was only recently signed (it consists of a three year lease that can be renewed twice), all assets are in tip top condition and security is good. Total floor space measures approximately 50 square metres, and there is seating for 30 customers.

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Ref : BANGKTH0013205
Listing Type : Bar
City : Pattaya
Region : Pattaya
Number of seats :
100

Building size : 225 m²
Number of employees : /
Monthly rent : free rent till January 2010 - after : 25,000 Bath
Furniture, Fixtures & Equipment : 2,000,000 Bath ($60,496)
Inventory at Cost : 80,000 Baht ($2,420)
Annual Receipts (for 6 months before closing) : 2,400,000 Bath ($72,595)
Annual Profit : 1,700,000 Bath ($51,422)
Asking price : Update New Price : 750,000 Bath

Description : The owner of this Pattaya Go-Go Bar established the business for his wife to run, but she has consequently had health problems that preclude her from participating in the endeavour, while he has other business interests to maintain. A total of 2,500,000 baht was spent on the large premises, measuring 225 square metres, and the recruitment of staff is all that is needed before the doors can be opened for trade. A new license has been obtained, a long lease has been granted by the landlord, and the rent has been pre-paid up until January 2010; at this point the first of two three year options becomes active and monthly rent of 25,000 baht becomes payable. The enterprise is located in a very busy soi, and comes complete with a large projector screen television with satellite programming, a superb sound system with 10 speakers, a computer driven lighting system, a music library, four large air-conditioners, two dance stages, a large bar area and a corner cocktail bar. A stock of alcohol worth around 80,000 baht is also included in the sale.
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Ref : BANGKTH0013417
Listing Type : Bar
City : Lamai
Region : Koh Samui, Suratthani
Number of seats :
45
Building size : 140 m²
Number of employees : 4
Monthly rent : 10,000 bath
Furniture, Fixtures & Equiment : 200,000 Baht ($6,060)
Inventory at Cost : 50,000 Baht ($1,515)
Annual Receipts : 1,600,000 ($48,484)
Annual Profit : 500,000 ($15,151)
Asking price : 1,500,000 Baht ($45,454)

Description : Owner relocation forces the sale of this Koh Samui Bar. Located in the busy nightlife area of Lamai Beach, the bar has been run successfully since 2006, and profits from having one of the most interesting locations in the area. Measuring 140 square metres, the bar contains two pool tables, a large screen TV, a smaller TV, a top range JBL sound system and seating for 45 customers. There is a long lease contract in place, running until 2011; rent is considered reasonable for the location and size of the bar and is payable at a rate of just 10,000 baht per month. In the last financial year net profits of around 500,000 baht were earned from receipts of approximately 1,600,000 baht. The sale includes a registered 2,000,000 baht company providing a work permit, and staff accommodation consisting of three bedrooms and two bathrooms. All necessary licenses have been acquired, and there are four full time employees on the payroll, which totals 14,000 baht per month. Asking price: 1,500,000 baht.

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Ref : BANGKTH0013535
Listing Type : Disco Bar
City : Chaweng Beach
Region : Koh Samui, Suratthani
Number of seats :
/
Building size : 120 m²
Number of employees : 14
Monthly rent : 15,000 bath
Furniture, Fixtures & Equiment : 600,000 Baht ($17,142)
Inventory at Cost : 0
Annual Receipts : 3,600,000 Baht ($102,857)
Annual Profit : 1,020,000 Baht ($29,142))
Asking price : 5,000,000 Baht ($142,857)

Description : Established over two years ago in a prime tourist location on Koh Samui, this dynamic Gay Discotheque and Showbar has been successful ever since. Sitting on Chaweng Beach Road, the establishment is surrounded by resorts, restaurants, bars and shops, and consequently benefits from busy foot traffic all year round. Decorated in contemporary style, the 120 square metre air-conditioned bar contains a top class light and sound system, a large video screen, a dancing area and a stage for nightly show performances. A 2,000,000 baht registered company is included in the sale, and this provides one work permit. In the last financial year receipts totalling approximately 3,600,000 baht produced net profits of roughly 1,020,000 baht, with the main overheads being monthly rent of 15,000 baht and salaries for 14 full time employees. The lease does not expire until October 2011, and this can be renewed for a further three year period. Asking price: 5,000,000 baht.

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