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Well Renowned Gogo Bar In Prime Location For Sale
Location: Thailand -> Bangkok
Industry: Bars and Nightclubs > Other Bars and Nightclubs




Business Summary

Due to health reason, The well renowned GoGo bar in Bangkoks prime location Nana Plaza ''Pretty Lady GoGo Bar'' is now for sale. It is located on the best spot on the ground floor it. It also features the largest outside beer bar in Nana Plaza.

It features 3 units including the former ''Red Lips Bar'' and the whole place was recently beautifully rebuilt, inside as well as outside. This beautiful GoGo bar features two dance stages with five poles each, lit from underneath and with air nozzles embedded for some kinky effects which are loved by our customers. The tables feature a glass surface and dancing poles as well. Seating can take up to 100 guests. Additionally to the inner space, the large outside bar in front features another 40 seats and a a round open bar with TV.

Opening hours for the GoGo bar inside are from 6pm - 2am, the beer bar outside can be open and serving alcoholic beverages from 10 am - 2am

All operating licenses are in proper order, the lease contract was just renewed this past July 2012 and carries a 3+3+3 year term.

Asking price is $730k USD or 22M Thb, with room for negotiation. More detailed information can be provided.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $800,000
Cash Flow:   $420,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $200,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1992
Number of Employees:  35 - 49
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes. We will stand by you to enable you to run the business independently.
Reason For Selling:  Health reason.

Photos

View Larger Photo(s) Of Business
Well Renowned Gogo Bar In Prime Location For Sale Photo 1 Well Renowned Gogo Bar In Prime Location For Sale Photo 2




Print Listing Id: 700189196
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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