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Business For-sale Bar With 7 Superior-rental Units Pattaya For Sale

Jomtien, Chon Buri, Thailand
Asking Price:
Available on request Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250K - $500K (USD)
Cash Flow:
$50K - $100K (USD)

Opportunity to Take Over Established Bar with Rental Rooms in Pattaya, Thailand

Please read the information above carefully. We appreciate your understanding and kindly ask that you refrain from asking questions that have already been addressed.

Location: Jomtien Beach, known for its vibrant nightlife with bars, beach clubs, and night markets.

Asking Price: 5.5 million THB (slightly negotiable)

Features:

7 double bedrooms
Bar & kitchen
Pool table
Space for live music
Rooftop rooms currently used for laundry and staff quarters
Financials:

Annual Revenue: 9,000,000 THB
Net Profit for the Year: 3,118,000 THB
Detailed financial details will be provided after viewing or once the deposit is made

Lease Details:

Rent: 100,000 THB quarterly
Lease Term: 3 years, extendable for an additional 3 years

Special Offer:

We have an exciting opportunity for you! There are three thriving businesses available for takeover, all owned by the same partners:

two bars with rental units.
gentleman's club.

If you are interested in taking over all three businesses, we can offer you an exceptional deal.

Reason for selling:

The main partner of this esteemed business has been a cherished member of the Pattaya community for the past two decades. Residing in this vibrant city for 20 years, he has dedicated his efforts to building and maintaining the bar located in Jomtien Soi 7, which stands as his crown jewel. This profitable and well-loved establishment has become a staple in the area, known for its welcoming atmosphere and loyal clientele.
However, due to his advanced age and health considerations, the owner has decided it is time to take a step back and enjoy a well-deserved retirement. This decision, while difficult, is made with the intention of passing on this thriving business to a new owner who can continue its legacy and further its success.

Please note:
The selling price is slightly negotiable. We kindly request that only serious inquiries be made, as the price has been set after a thorough market evaluation.

For more information on the takeover price or to schedule a viewing, please contact us.

Property Information

Real Estate:

Lease

Lease Terms:

3 years and renewable for 3 more years

Living Accommodation:

Soi 5 Bar includes 13 rental rooms and Soi & bar includes 7 Rental rooms with staff Quaters

Location:

Jomtien, Pattaya, Thailand

Premises Details:

Located in Jomtien Soi 5 & Soi 7 (*Soi=Street)

Planning Consent:

All permissions are gained before the business was setup

Business Operation

Expansion Potential:

Yes

Competition / Market:

None

Reasons for selling:

The partner of this esteemed business has been a cherished member of the Pattaya community for the past two decades. Having dedicated his efforts to building and maintaining businesses in this vibrant city, he has established a profitable and well-loved enterprise known for its welcoming atmosphere and loyal clientele.
However, due to advanced age and health considerations, he has decided it is time to step back and enjoy a well-deserved retirement. This difficult decision is made with the intention of passing on these thriving businesses to a new owner who can continue their legacy and further their success.

Trading hours:

10:00 AM to 01:00 AM

Employees:
8
Years established:
2022

Other Information

Support & training:

Yes

Financing available:

No