2 Story Bar Samui In Heart Of Soi Mango For Sale

Business description

Situated in the heart of Koh Samui’s entertainment street (Soi Green Mango) with its key positioning at the entrance of Samui’s largest club and the hub of the nightlife center, you could not find a better location for a club/bar! Road frontage of roughly 10 meters and two levels of fully furnished and fitted bars with 3 brand new POS ( Point of sales Computer systems) in place, full sound/lighting / DJ system with smoke machine and two 42” flat screen HD screens.

The ground floor offers a fully operational bar and open spaced dance and seating area with a few built in sofa areas (VIP lounge). A Fully equipped DJ booth with Pioneer mixer and decks and all sound equipment. The option of closing in the bar/club with glass is a option as is adding air-con as space both inside and outside is available for option.

The second floor has a balcony which offers customer a chance to view all the action on the soi below while sipping cocktails, buckets and beers and enjoying the pool table ( Brand new – coin operated - income roughly 5000 THB / Mth ) or watching live sports on TV or smoking one of the 15 Shisha pipes on hand. UBC and cable TV has been installed as well as fibre optic wifi and credit card facilities for the service of your clients - Only one other bar on the whole green mango has credit card facilities.

Built brand new in December 2011, the building has all complete electric wiring and water systems with extra circuit space for additional appliances ( air-cons, more speakers, CCTV cameras etc…). A 2500 liter water tank and brand new water pump is located in the back for emergency water usage. Electrical wires for Speaker and CCTV cables have already been pulled and ready for any additional speakers or up to a 8 CCTV camera system if required throughout the building.

Toilets are located on the second floor with two urinals and 2 full toilets. An office and storeroom also is located on the second floor where all electrical and sound equipment is stored and locked. The office is equipped with shelves for storage, office table and new cannon color/copier printer and a bolted safe. The Building and all fixtures and fittings are insured for up to 10 Million Baht at a cost of 13500 THB a year!

Property information

Living accommodation:

N/A

Location:

Chaweng Beach Road – Soi Green Mango at the entrance of Green Mango Nightclub and opposite Sweet soul club.

Premises details:

Two story building with balcony on the second floor looking over the Street and nightlife. The ground floor offers a full bar, dance floor, VIP seating and DJ booth. The second floor offers a pooltable, full operating bar, balcony seating, toilets and office/storeroom. (photos offer a clear picture of the layout)

Size in square feet:

Total building ground floor and second floor is roughly 280 sqm.

Planning consent:

N/A

Business Operation

Competition / Market:

Nightlife and party scene is what the whole Soi Green Mango is about! Music, good times and memories is what sells this street! Competition is minimal, as all the bars get along and with only 9-10 bars on the whole street, the opportunity to cash in is huge! This is Samui’s only major nightlife scene!

Reasons for selling:

New business plans outside Samui has caused this sale.

Trading hours:

Open Daily 7 days a week from 9pm – 4am. The opening times is decided on the owner. The bar could operate and generate income if open at 6pm ( current owners don’t have the time to commit full time).

Employees:

We currently have 6 full time staff and one day time cleaner. The staff have been working the soi green mango street for many years and are comfortable with the scene and know the neighbors well. Staff would be more than wiling to stay and operate the bar.

Years established:

1

Other information

Support & training:

The owners would be willing to offer 2 weeks of full time training on all aspects of the business, from accounts, bank setups, suppliers and also training on sound systems and introduction to our sound and engineering team as well to local DJ’s and booking agents.

Financing available:

No

Furniture / Fixtures value:

$30,000

Inventory / Stock value:

$360