Koh Samui Bar & Grill available for sale

: Bar & Grill in Koh Samui :

12,000,000 THB

Listing ID# BKK15840


BUSINESS INFORMATION

Province Koh Samui
Country Thailand
Business Type Bar & Grill
Business Started 2009
Employees 0 Person

FINANCIAL INFORMATION

Annual revenue: N/A
Payroll: N/A
Furniture, Fixtures & Equipment
included in the Investment Price:
N/A
Your Total Investment to own this business: 12,000,000 Baht
Your Initial Cash Investment Needed: N/A
Inventory included in the Investment Price: N/A

BUSINESS SUMMARY

In the heart of Chaweng Beach on the popular tourist island of Koh Samui, this bar and grill has been in business for ten years and is open 7 days a week. The new owner will need to change the name as the current owner is keeping the franchise name but all equipment, fixtures and fittings will remain. Only the accounting staff computers and personal items would be removed.
The are two lease contracts (and two landlords) for the premises with monthly rent currently set for the next 12 years:

2018 - 2021 - 584,531 baht / month
2021 - 2024 - 642,984 baht / month
2024 - 2027 - 707,282 baht / month
2027 - 2030 - 778,009 baht / month

The owners are selling as they are focusing on their franchise business and need to reduce their operations on Samui. The new owner would walk into a turn-key ready business in one of the best locations on the island.
 ASKING PRICE: Up date new asking price 12 Million Baht 

For more information please

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