Phuket Bar For Sale
Many tourists who visit Phuket do end up spending some time in a bar. They even often find their love of their life which often is one of the Phuket bar girls. There is absolutely nothing wrong with falling in love with a Phuket bar girl and we do have a special Phuket bar girls section. Many of these tourists start dreaming about Living in Phuket and the first thing that they often start thinking about is buying a Phuket bar.
If you are looking for Phuket Bars which are actually for sale then we suggest for you to simply check out the classifieds section of the Phuket gazette and you will find dozens if not hundreds of Phuket Beer Bars for sale. There are some very good reasons why so many bars in Phuket are for sale. We would like to explain to you these reasons so that you can continue in your hunt for a Phuket bar for sale fully warned!
Changes are that you visited Phuket in the tourist high season which is roughly between December and April. The actual peak season in Phuket is around Christmas and New Years and this is the period when all the Phuket bars are full of clients. You have to realize however that most Phuket bars during the rest of the year struggle to even get a single client in their bar. This basically means that a Phuket bar owner only has several weeks or perhaps a month or two to generate enough profit to be able to carry them through for the rest of the year.
There are some things that you should consider when looking for a Phuket bar for sale. The first thing is that you are required to pay key money to the owner of the bar. Most streets which are filled with Phuket beer bars are owned by a single owner and you can only purchase a lease of 2 or 4 years. The amount of key money that you are required to pay depends on the location of the Phuket beer bar. Prices range from half a million up to 3 or 4 million Thai Baht. On top of the key money you also have to pay a monthly rent which ranges from anywhere from 15.000 THB up to 60.000 THB.
So you should keep in mind that you should recoup your key money during the lease period as you will have to pay the key money again when you want to start a new lease contract after your old one expires. Many Phuket bar owners quickly realize that this is almost impossible which is why the real estate companies and newspapers are full of Phuket bars for sale. Having a Phuket beer bar is generally not very profitable and even local Thai bar owners struggle to make ends meet.
Another problem that many foreign Phuket bar owners face is that they cannot get a work permit. If you try to help out in your own Phuket bar without a work permit then there is a good change that you will get arrested and even possibly deported.
If you are still interested in finding a Phuket bar for sale then you should take note of something else. The government and local authorities in Phuket have become much stricter in enforcing opening and closing hours and there are plenty of days each year when you completely need to shut down your Phuket bar due to local elections for example or special holidays.
Another important item which you should consider when looking for a Phuket bar for sale is the fact that Phuket is evolving as a tourist destination and more and more families are now traveling to Phuket. These types of tourists are not the ones that will spend a lot of money in Phuket beer bars.
If you really want to open a business in Phuket then we suggest for you to come up with something unique or original and for you to give up your hunt for a Phuket bar for sale. You will end up losing your investment and your dream......
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