I’m selling my 40-seat venue in Bang Tao. It used to operate as a coffee shop that sold cannabis flower, but the cannabis license has since been revoked. The venue still has a food preparation license and a kitchen, as well as licenses to sell alcohol and tobacco and a fully set-up bar, so it can operate as a café. You could also bring in a doctor and obtain a clinic license. If you get that license, you could continue selling cannabis flower.
I’m selling because I’m moving to the US. Actually, I’ve already moved. I don’t see the point in trying to run the place from thousands of miles away. Any business will eventually fall apart if no one’s there to keep an eye on it.
We invested **US$350,000 across two venues**. Yes, there were two. We sold one, and the one in Bang Tao is our flagship. It’s a very spacious venue with a veranda, directly across from a beach club in a busy area with lots of foot traffic. That location is one of its biggest advantages.
**Rent is ฿50,000 per month, paid annually.** We’ve just paid for the next full year, so when you buy the business, you can forget about rent for a year. That’s a huge plus.
We recouped our entire investment in three years, and the business has continued to turn a steady profit. But as I said, since moving, it’s become difficult for me to keep an eye on things.
**I’m asking just US$100,000.** Even an empty space with no operating business would be worth that much in this location, especially with a full year of rent already paid. Call it a gift if you like. The truth is, I need to sell quickly so I can stop worrying about a venue that’s thousands of miles away.
You get a great bar counter, a kitchen, TVs, an existing customer base, sofas, tables, some remaining inventory, and a ton of equipment. All of that comes with a year of prepaid rent. Sounds like a giveaway, right? But that really is the deal.
You can remodel the whole place and turn it into a clinic or an Italian café. Or you can keep it as it is and run it as a bar. It’s entirely up to you.
**The price is firm.** I originally listed it for US$200,000. There were interested buyers, but they didn’t pull the trigger. Now I’ve cut the price by 50% and am letting it go for just US$100,000 because I need to sell quickly. So if you want it, move fast. I’ll say it upfront: I’m not going to haggle, go through drawn-out negotiations, or make concessions. Especially at this price.
One more thing: we have a storage space full of items you could use to open another venue in the same style. We’ll include the storage space and its contents with the café at no extra cost.
