Lease Expires: Jan. 2012
Security on Lease: 330000
Monthly Rental: 110,000
Monthly Payroll: 50,000
Reason for Sale: Family reasons.
Description: This 50-seat restaurant and bar is open 24/7 and is situated in a prime location, right on Pattaya Beach Road. A Pool Table, TV-set and sound system are in place. Guests enjoy Thai and international food, the lively ladies and the sea and sunset views from the restaurant. Panoramic sea views also from the 6 rooms (5 of which are air-conditioned), and the second floor terrace which can also be used by the restaurant and bar. Slow days revenues are about 10,000 and the best daily revenue was 90,000 Baht. Financial records will be made available to any serious buyer. Monthly rent is 110,000 Baht, no Key Money required! The current lease term expires 01/2012 and is renewable every three years. A 330,000 Baht security deposit is applicable. |