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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.

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