Proven Successful Market Bar for Sale and Rent Chiang Mai
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  • Proven Successful Market Bar for Sale and Rent Chiang Mai
For Sale and Rent

Proven Successful Market Bar for Sale and Rent Chiang Mai

Listing Number:

  • 066-10-01-005

Asking Price:

  • ฿ 895,000

Entertainment Bar / Pub
Thailand Chiang Mai Mueang Chiang Mai

Business Details

Current Staff:

  • 4 Full-Time Salaried

Licenses:

The following licenses are included:
  • Alcohol
  • Other

Average Monthly Electricity:

  • ฿ 5,700

Average Monthly Water:

  • ฿ 300

Property Details

Tenure:

  • Business Sale and Rent (Leasehold Premises). 1 year with option to renew (Rolling Lease). Next renewal will be on 1 October 2018

Rent:

  • ฿ 20,000 per month. Payable monthly in advance

Security Deposit:

  • ฿ 40,000.

Connected Utilities:

  • Power
  • Internet
  • Satellite
  • Water

Stock:

  • Stock at the time of settlement is Included in the asking price

TV:

  • 2 Screen/s. ฿ 2,000 per month

Internet:

  • Connected at the cost of ฿ 500 per month. Wifi Enabled.

Security:

  • ฿ 0 per month

Price Negotiable:

  • Yes, near offers will be considered

Agent's Comments

This Market bar is in a popular busy night market in Chiang Mai. The current owner built the bar from nothing to a successful business and is now moving to a new bigger location. Even though the branding of the bar and the staff will not be transferred to the new owner, all of the hard work of building the structure, setting up suppliers and setting up the bar and restaurant has been done. The busy location at one of the entrances to the market means there is no end of foot traffic. The bar and kitchen are in its own lockable unit so it is easily secured at closing time. There is seating for around 60 customers and there is also 1 TV and 1 projector with big screen for customers to watch sports. The current owners are open from 5pm to 12am (or till people stop drinking) Monday to Saturday and close on Sundays just to have a rest. The kitchen offers a selection of Thai food and bar snacks with the bar having several beers on tap and 2 fridges fully stocked with other beverages.

The business has a very low ROI period and all the new owners would have to do to start making money is come up with their own name and signage and re-staff. The current owner can assist if needed.

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