Bargain Priced Pattaya Entertainment Business – Don’t Miss this Opportunity
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For Sale and Rent

Bargain Priced Pattaya Entertainment Business – Don’t Miss this Opportunity

Listing Number:

  • 066-12-05-023

Asking Price:

  • ฿ 550,000

Entertainment Bar / Pub
Thailand Chonburi (Pattaya) Bang Lamung Khao Talo

Business Details

Current Staff:

  • 1 Full-Time Salaried
  • 1 Part-Time Salaried

Licenses:

The following licenses are included:
  • Food
  • Alcohol
  • Tobacco
  • Music

Average Monthly Electricity:

  • ฿ 6,000

Average Monthly Water:

  • ฿ 600

Property Details

Tenure:

  • Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease).

Rent:

  • ฿ 16,000 per month. Payable monthly in advance

Security Deposit:

  • ฿ 32,000.

Connected Utilities:

  • Power
  • Water
  • Internet

Stock:

  • Stock may be valued at Cost Price at the time of settlement and transferred to the new owner at Cost Price, if required

TV:

  • 4 Screen/s. ฿ 200 per month

Internet:

  • Connected at the cost of ฿ 900 per month. Wifi Enabled.

Security:

  • ฿ 0 per month

Price Negotiable:

  • Yes, near offers will be considered

Agent's Comments

It doesn't get much better than this! Currently trading as a karaoke bar and restaurant, with rooms for rent upstairs, this modern-looking single shop-house has potential for many types of businesses. In its current configuration it is long established in this location, was recently fully renovated and refurbished and comes with high-quality inclusions such as karaoke systems and 2 Smart TVs (55”) in the main bar area. Upstairs, there are 2 large furnished rooms with en-suite bathrooms (1 room has a balcony) currently rented for THB 4,500 each a month. The rooms are also equipped with TVs and fridges and have separate metered electricity enabling cost recovery of tenants' electricity usage. Also upstairs is a large double managers unit with en-suite bathroom and balcony.

The pavement at the front of the shop is rented out to a night time food vendor for THB 2,000 per month. Taking account of the income from the two rooms and the food stall, the monthly rent of THB 16,000 effectively becomes THB 5,000 making the net rent for the bar and restaurant incredibly cheap.

Ideal as a husband/wife/family operation, the bar is the only one on the Western end of Khao Talo and is close to Big C, Tesco Lotus, large hotels with foreign visitors and all the usual convenience stores. All the required licences; alcohol, tobacco, food and karaoke are in place to continue trading as it is, however, the building could be used for many different business ventures.

This wonderful little business is ready to make money from day one. First to inspect is sure to buy.