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Pattaya Gogo Bar And Boutique Hotel Sale For Sale

Pattaya, Chon Buri
Asking Price:
$255,000 (USD) Furniture / Fixtures included
Sales Revenue:
$600,000 (USD)
Cash Flow:
$145,000 (USD)

Go Go Bar/Guesthouse with 13 rooms. 25 meters from Walking Street Pattaya and very popular with ex-pats and tourists. Under the same ownership for 13 years. With over 60 girls and a low rent the business enjoys excellent profits. Recently fully renovated at a cost of 3 million baht. The owner reluctantly needs to sell for health reasons. A big opportunity here. Asking price is ONLY 8.9 million THB Potential buyers will have to complete a standard confidentiality agreement prior to viewing and meeting the owner.

Property information

Real Estate:

Lease

Lease Terms:

3 years plus 3 year option

Leasehold Rent:

$33,600 (USD) per annum

Living Accommodation:

owner can have one of the hotel rooms

Location:

walking street pattaya

Premises Details:

gogo bar with a 13 room boutique hotel attached

Business Operation

Competition / Market:

yes as it is in an adult entertainment area

Reasons for selling:

owner retiring

Trading hours:

6pm-2am everyday

Years established:
2004

Other Information

Support & training:

owner will suppy full training and assistance to new owner

Furniture / Fixtures value:
$86,000 (USD) - included in the asking price

Contact Information

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