Popular Bar and Restaurant Business for Sale at 4 Million reduced to 1 Million Bt SOLD
All Enquiries to explorekohchang@gmail.com
Located in a prime spot, roadside, on one of the most booming beaches on Koh Chang, this existing business, of bar, restaurant and 4 bungalow accommodation, is a fabulous new addition to our portfolio.
The restaurant and bar area includes a roofed front terrace, lounge area and the restaurant itself as well as bar, pool table and large dance area with a professional DJ booth. Upstairs, there is a great space used for additional relaxed seating and a useful storage area. The kitchen is fully renovated, with all fixtures and fittings included in the price.
The business also includes 4 bungalows, 2 made from concrete and 2 made from wood, all with private bathrooms, suitable for staff or owner accommodation, but of course easy to rent out in peak times. Beyond the kitchen and bungalows, around 1/4 rai of undeveloped land presents an excellent opportunity for expansion, with plans and feasibility studies available for building an additional 12 bungalows, thereby transforming an already highly successful business into a small resort.
The existing lease is payable each year or 3 years in advance and can be easily renegotiated for a fixed long term, with 3 yearly increases built in. The landlord guarantees no increase in the price for the first 3 years.
Detailed financial data is available on request.
Popular Bar and Restaurant Business for Sale at 4 Million reduced to 1 Million Bt SOLD
All Enquiries to explorekohchang@gmail.com
