BB-B1189-PUB-Sports Bar-Restaurant-Guest House - Commercial for Rent, Real Estate - Jomtien, Chon Buri, Thailand

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BB-B1189-PUB-Sports Bar-Restaurant-Guest House
Date & Time Listed: 2011-04-26 10:33:45 (GMT)

Posted in Categories: Real Estate, Commercial for Rent
Posted From: Thailand, Chon Buri, Jomtien

Ad Details:

CATEGORY (Business for Sale or Lease):

LOCATION: (Jomtien Beach)

LAND AREA: 90 sqm

LIVING AREA: 360 sqm

NUMBER OF FLOOR LEVELS: Four

NUMBER OF BEDROOMS: 4 bedrooms

NUMBER OF BATHROOMS: 5

FURNISHED Fully equipped Pub and all rooms fully furnished.

NUMBER OF AIR-CONS: 5

OWNER TYPE (Company or Lease Privately):

SALE PRICE: 749,000 obo.

LEASING PRICE AND CONDIDTIONS: Price includes all equipment and 6 year lease divided in to 3+3 years.

ANY OTHER IMFORMATION TO BE SAID ABOUT THIS PROPERTY:

This Property is totally turnkey:
Pub brings in approx 100k THB per mo. Depending on season.
Electric cost approx 6500 THB per month water 650 per moth
Staff 4 cost approx 24,000 THB per month
Has all license for food, alcohol and tobacco expires every 31st of Dec. and renews annually
Base rent: 36,000 per month.
2nd Floor apartment has been rented at 15.500 THB per mo. Long term
3rd Floor apartment has full European kitchen and seating area and 2 extra Bedrooms on 4th floor.
Everything in the property stays kitchens on all floors included
Inventory Included - all built ins – Pool table and all Stock on Hand.

Profile of monthly cash flow:
100,000 GOI from Pub Operations
15,500 from long term rental 2nd floor
115,500 per month GOI

Profile of Monthly expenses:
Base rent: 36,000
Utilities: 7,150
Staff: 24,000 includes social security paid and withholding taxes.
Cost of goods: 33,000 includes food, alcohol, and tobacco.
76,150 per month GOE

Total net income per month = 39,350 THB. Per Year = 472,200

Cash on Cash Return annually = 63% (assumes owner operator) +/- (10%)

Information is deemed reliable but not guaranteed.
Price: 749,000.00 THB

Keywords:

pattaya business for sale, real estate jomtien pattya, commercial business for sale, pub for sale pattaya jomtien beach, guesthouse for sale jomtien beach, sports bar and pub for sale
For more details about this listing please click here to access the webpage provided by listing owner.

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Posted in Categories: Real Estate, Commercial for Rent Posted From: Thailand, Chon Buri, Jomtien

Posted in Categories: Real Estate, Commercial for Rent
Posted From: Thailand, Chon Buri, Jomtien