Long Established Bar and Grill with Guest Rooms in Chiang Mai’s Old City
Listing No. 066-10-01-018
• Business: Restaurant
• Location: Mueang Chiang Mai, Chiang Mai, Thailand
• Features: This is a busy local bar, ideally situated right on the junction of 2 smaller streets just off the main moat road and on a corner. They have 8 rooms (shared bathroom) on 2 floors upstairs, several rented on a monthly basis. These may all be converted to guest rooms, increasing revenue or a couple kept as on-site accommodation for manager and staff as they are now. The owners now seek to sell as they would like to develop another idea they have in a different part of town, but are happy to assist in the transition of knowledge and goodwill for this busy and successful business. Asking price includes stock on hand at the time of transfer and the owner will assist with transitioning. Financial records are available and may be viewed upon Inspection AND after completing a Non-Disclosure Agreement (NDA). There is no key money.
• Tenure: Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease).
• Asking Price: THB 800,000
• More Information: Please provide your name, phone number (with country code) and email address so we can contact you to assist
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