Hua Hin large Bar with kitchen - The Pink Elephant Bar Hua Hin

The Pink Elephant Bar has been trading 4 years , and many years previously under different names . It has a very large frontage and has a unit adjoining which can be sublet or opened to extend the bar further . There is also some space on the other side of the bar which is ready for conversion into a separate business or to make the bar even bigger. The current frontage is 12 metres with a possibility to extend to 24 metres . It is fully equipped and trading everyday from midday to midnight or later . The rent is 18000 + 4000 + 4000 . The kitchen is sublet for 6000 per month . The side unit is being advertised to be sublet for 7500 p/month .Yearly turnover is steady at 300,000 p/month in low season and 450,000 in high season. Deductions are rent , electricity , staff salaries and drinks , and alcohol stock. The Lease is a 3+3 with 3 years remaining . The landlord has agreed to a new 3+3 .
The bar is on a very busy road , soi 112 , with little competition , and is very popular with local expats . 100% sale is preferred , or a partnership can be discussed. Reason for sale , owner wants to retire .