Well Renowned Gogo Bar In Prime Location For Sale


Listing ID: 700189196

Listing Title: Well Renowned Gogo Bar In Prime Location For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=189196

Industry: Bars and Nightclubs

Industry Segment: Other Bars and Nightclubs

Country: Thailand

State / Province:


City: Bangkok

Asking Price Range: $500K - $1.0M

Gross Revenues: $800,000

Cash Flow: $420,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1992

Number of Employees: 35 - 49

Business Description:
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.

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