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Ref. #: PHG0117
Type of business: Guesthouse, Restaurant and Bar
Location: Jomtien Beach Road
Storeys: 4 Sale price: 9,500,000 Baht
Rooms: 8 + 1
Number of Employees: 3
Parking: yes
Days Open: 7
Hours Open: 24
Established Since: Jan. 2006
Furniture, Fixtures etc: Fully Furnished
Furniture, Fixtures and Equipment Included in the price: Yes |
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Status of building/premises: Leasehold (rent the building/premises)
Lease Expires: Jan. 2012
Lease Option: 3+3+3 years
Security on Lease: 36,000
Gross Annual Cash Receipts: 4,700,000
Monthly Rental: 15,000
Monthly Payroll: 32,000
Other Terms and Conditions: Monthly rent of 15,000 Baht is payable for three month in advance. The lease contract can be renewed every three years.
Reason for Sale: Owner retiring
Description: A large bar and restaurant plus 8 very nice guest rooms, located in a busy street just 50m from the beach in Jomtien. That alone makes the business a winner. Here is more: 5 motor bikes for rent, Pool table and a large TV set in the restaurant, a staff room, a covered roof terrace, sea views, an own website, a current Thai Co., Ltd., and a work permit. Cheapest rent far and wide. No Key Money required! Financial data available to a serious buyer. |
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