3-Storey Cocktail and Lounge Bar with rooms above in Vientiane for Sale
Listing No. 856-14-01-001
• Business: Lounge Bar
• Location: Phonsavang, Vientiane (Viengchan), Laos
• Features: Long established and situated in Phonsavang, this trendy cocktail and lounge bar is well-known for its shisha, mojito cocktails and tower shots. It’s a favorite chill place with the bar and lounge on the ground level and 3 rooms on the 2 floors above.
Fully furnished, licensed for food and alcohol and staffed with fully trained staff, the business is turn-key. The current owners will even introduce you to their suppliers who provide stock at much reduced rates and will assist with the transition. There is plenty of parking with about 5 spaces at the front door and 8 spaces in the garage overnight (and also at a nearby parking lot), and the lease tenure is very generous. Rent is 20,833 Baht a month (250,000 baht a year), and if paid 6-monthly or annually in advance, there is no need for a security deposit to be lodged with the landlord. The current owner’s need to move to the USA, provides an excellent opportunity for an enterprising new owner or partnership. Ideal for people who enjoy nightlife and want to get their foot in the door.
• Tenure: Business Sale and Rent (Leasehold Premises). 10 years with option to renew (Rolling Lease).
• Asking Price: USD 85,000
• More Information: Please contact us for more detailed information (we require your name, phone number and e-mail address)
Video courtesy of Millennium Trust
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