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For Sale - 17m baht

There is a 5% commission available to agents

3 Businesses in 1 in the Heart of Tree Town, Pattaya; A Beer Bar, Gentlemen's Club and a Nightclub.

A massive venue in the busiest area of the city occupying over 400 sqm of land

The building comprises an outdoor bar area (approx 100 sqm over two floors) with its own bar, point of sale system, pool table, large TV,  sound system and 50 seats currently operating between 6pm and 2am.

 

There is an indoor bar area (approx 300 sqm) with its own separate entrance, toilets at the rear and an indoor mezzanine and balcony. The indoor bar area is being used as a gentlemans club during the day from 11am until 8pm and converts to a nightclub between 10pm and 4am.

The indoor bar area has been professionally sound proofed to a night club level standard. The music inside cannot be heard by neighbours.

The indoor bar area is multi-functional. During the day the stage is electrically winched up into the ceiling to reveal a brand new tournament standard 8ft pool table. In the evening when converted to a nightclub the stage is lowered.

The indoor equipment list contains but is not limited to the following:

 

  • A large bar area with 3 fridges, 2 point of sale systems and storage racks

  • Seating and tables for approximately 200 people

  • A state of the art Funktion1 sound system (4 x Dance Stacks) plus amps and processors worth far in excess of 5m baht

  • All speakers are hoisted on electrical winches and fixed in place with safety straps

  • A large DJ box with DJ equipment worth in excess of 500k baht

  • A 6 x 65” QLED video wall approximately 5m x 3m for graphics behind the DJ

  • 5 additional 65” QLED TV’s indoors

  • Nightclub level lighting system controlled by a GrandMA2 controller worth in excess of 1m baht

  • 4 x 6W professional lasers worth in excess of 1m baht

  • Various smoke machines and hazers

  • Two large smoke canons, a CO2 gun and 5 CO2 bottles in a cage outside worth in excess of 250k

  • A 4 person jacuzzi with rainforest shower and dual circulation system to keep water hot all evening

  • Top of the range Daikin air conditioning system (4 x cassettes and 2 x duct type) worth approximately 700k baht

  • A brand new 8ft tournament class pool table for use indoors during the day

  • An electric winch operated bird cage that raises approximately 2 metres into the air for up to 2 girls to dance inside

  • 4 curtained VIP booths including the corner jacuzzi area

  • A fully kitted out and licensed restaurant standard kitchen including fridge, freezer, cooker with extractor fan in a separate room at the back of the venue

  • 2 additional VIP booths either side of the DJ box

  • An upstairs mezzanine area for VIP seating and views over the nightclub

  • An outdoor upstairs balcony with tables, chairs and vinyl roof

  • Fire certification equipment including 2 fire doors, lots of extinguishers and redundant lighting systems

  • Various neon flex signs worth in excess of 100k baht

  • A 24 camera CCTV system and 2 internet connections

  • There are large separate men and women's toilets at the rear with 3 cubicles in each and urinals

The Deal

  • 17m takeover which includes the running business, all contents, staff and all marketing

  • New 3 year rolling lease direct with the landlord

  • Rent is only 100k per month

  • No key money

  • Rent is paid yearly in advance each year

  • Deposit is 200k

  • Total amount to move in is 17m + 1.2m + 200k = 18.4m (negotiable)

  • Access to the POS to verify income that supports this price is available to serious buyers

  • This a turn-key business that can be transferred without closure. All staff are available to retained if wanted.

Reason for Sale

The owners currently operate 6 Gentleman's Clubs in Pattaya. Escape operates differently. A building this size will always need to be a Nightclub or a Gogo to maximise its potential. The initial fun of running a Gogo and a Nightclub has worn off and there is a desire to sell the club and re-invest the money into their core competency (the Gents Clubs).

These 3 businesses combined make money. Enough to justify the take-over price. Which can be independently verified by looking at the point of sale system.

For serious enquires call 066 052 8227 to arrange a viewing.

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