For Sale, taken of market by owner 85,000,000THB - Bar/Restaurant
For sale:Large night club complex in large city
Large night club complex in large city in the north east Thailand that holds 6 different venues and makes a health revenue last year,
was approximately 70,000,000 thb with a total net profit of 20,000,000 B .
This night club is the only one of its kind in the area and is located middle of the center in 1 of the main large city,
and it have basically all the entertainment you need from pub to night club live entertainment.
The company have secured a long lease on the land for 18 years more and is they are the owners of all buildings in the complex plus parking area.
The owners want to sell straight out but can think of taking on an investor that want to buy in to a minimum of 40% of the shares in the company.
Facts:
To Buy this business: 85,000,000 B
Total area : 4,500 sq m
Inside area : 2,400 sq m
Lease term on the land : 18 years
Comes with fixtures valued at : 40,000,000
Stock : 6,000,000 ( approx )
Established just over 10 years in continuous operation.
Refurbished last year to a total cost of 24,000,000
Revenue for year to date : approx 70,000,000
Profit for last year: 20,000,000 B
130 employees total
