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Brilliant Beach Bar Restaurant For Sale

Location  Thailand
Asking Price Range  < $250K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2010
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Yes
Reason for Sale  Owner moving on to do another business - farming

Description  
I am advertising for my friend his beach bar restaurant for sale. He is staying in the area and now farming rabbits. His beach bar sits exactly opposite koh samet island and has panoramic views of the islands that are just off ban phe coastline. Its ready to operate from day one was the purchase money is paid. rental per month is 5200 baht. Electric cost averaging 800 baht p/m. water about 400 per month. This bar can seat approx 50+ people has a pool table, obviously table and chairs. The kitchen has elec oven, microwave, pizza oven, freezer, fridge/s gas cooker, coffee machine utensils and crockery. The bar has internet and computer for playing music. landlord will do 1/2/3 year lease and the current owner will help with that. This bar is right on the beach and has a western toilet. No living accomodation tho. This bar serves local foreigners living in the area and does not rely on tourist trade albeit tourists do go in whilst on short trips to ban phe or koh samet island. The price is 595,000 baht. No key money involved and u pay your rent monthly. I personally have been there many times and the point i will make is that its the owners/staff personality in most cases that determines the level of profit you will make but I will state it would be near impossible to run this bar at a loss in any given month. I will put some more pictures on tomorrow but here are a few to start with. Finally its a beach bar and some of the bamboo tables in my opinion could be spruced up with some clear lacquer but that will depend on the new owner. The current owner is busy breeding with rabbits (lol) Call or email if you interested. This will go quite quickly. As for location you are 3 minutes from tesco and 4 minutes away by bike from central ban phe. The owner will discuss small reduction but i cannot see him going below 565,000 baht. Cheers Mark.


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