Bar for Sale in Bangkok, Thailand

- High street location.

- Famous bar in Bangkok.

- Monthly clientele growth rate of 5%

- Various local restaurant and bar collaborators.

- Spend per person: 1,400 THB.

- Revenue per employee is high but as per industry standard in Thailand.

Market opportunity: Growing demand for specialty foods and drinks in Bangkok.

Competitive advantage: Unique decorations and cocktails, high-street location, and collaboration with local restaurants and bars.

Restaurant with extravagant decorations and a bar serving unique cocktails.

Tangible assets:

Fully built-up assets like built-in furniture worth THB 1.765 million, table and chairs worth THB 149,573, bar, two bathrooms, fully equipped kitchen worth THB 439,870, stainless steel shelves (gold painted) worth THB 1.099 million, full speaker system worth THB 190,676, CCTV system, fully stocked bar worth THB 177,695, bar accessories THB 88,553, wallpapers (original House of Hackney and Versace) worth THB 353,862, plant decor (outdoor) worth THB 58,808, and other M&E fit-outs worth THB 1.282 million.

Intangible assets:

Alcohol and restaurant licenses (one-year validity) worth THB 30,169; lease agreement - 2 years + 3 years remaining (option to renew) with a deposit worth THB 330,000.

The total value of all the assets adds up to THB 6.2 million. The business is being offered at THB 3.4 million as this is a fire sale.

Size: 140 SQM.

3 sections: counter bar, dining room, and courtyard. We are located in the central locality of Sathorn in Bangkok.

Lease agreement remaining: 2 years + 3 years (option to renew)

Rental fee: 135,000 THB per month.

Fully built-up assets: built-in furniture, bar, two bathroom, fully equipped kitchen, stainless steel (gold painted) Shelves, full speaker system, CCTV system, fully stocked bar, alcohol and restaurant licenses (one-year validity), wallpapers (original House of Hackney and Versace), plant decor (outdoor)

- No debt.

- Currently four shareholders, all shareholders selling shares.

- Sale of 100% equity in the business.

- Please note that Thai businesses need to have 50% ownership with a Thai national.