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Profitable Beer Bar - Prime Location, Gay Friendly
Location: Thailand -> Chiang Mai
Industry: Bars and Nightclubs > Bars and Pubs

Business Summary

Located in the best prime location in The Peak area in Night Bazaar in Chiang Mai. This bar is well established, in operation for well over 5 years and has a desirable 5 more years on a non-binding lease.

This bar is the envy of its neighboring bars and gets the highest customer traffic. It is situated on an elevated island like platform in the bar area and enjoys high visibility and is on the major foot path to the shopping area and to the toilets area which translates into a lot of customers ending up at the bar for a drink.

The bar also offers a wide-variety food menu leveraged by the surrounding restaurants. A popular pool table (billiards) is also included and is a main activity attraction for customers.

The sitting area of the bar gives the customers an enjoyable elevated view of the surroundings and the seats are hot property at the prime time operation of the bar. In the high season customers stand around drinking and partying while waiting for seats to vacate.

The bar is managed and operated by a staff of 4. The bar is gay and gay friendly. About 30% to 50% are non-gay customers and the rest, sometimes the majority, are gay customers.

The asking price is Negotiable but don't expect a huge discount as this bar is a profitable operation and is a prime location in The Peak area.

Asking Price: 625,000 Baht Somewhat Negotiable.
Monthly Lease: 8,000 Baht.
Lease Term: 5 more optional years, non-binding, till Sept-2012.
Furnishings: All included, fully operational.
Monthly Revenue: Gross 30,000 Baht to 90,000 Baht depending on season. Average 40,000 Baht per month.
Staff: 4 minimum for successful operation, at 2000 Baht each per month. Staff can remain with the bar after sale.
Trainig: 30 days, Will be provided by current owner and staff.

You can't go wrong with this bar. Excellent opportunity for someone already in CM or moving to CM. Contact for more information on this Beer Bar for sale.


Asking Price Range:  < $250K
Gross Revenues:   $10,000
Cash Flow:   $10,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $2,000
Seller Financing:  No

About The Business

Year Established:  2002
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  30 days.
Reason For Selling:  Immigration.

Print Listing Id: 70061475
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

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