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Newly Established Nightclub Seeking Loan in Chiang Mai, Thailand

Successful and unique entertainment venue with diverse revenue streams looking to expand.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 6.2 thousand
Run Rate Sales USD 37 thousand
EBITDA Margin 40 %
Industries Nightclubs
Locations  Chiang Mai
Local Time 10:44 AM Asia / Bangkok
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 7.4 thousand for 6.0% annual interest, 1 year (Native Currency: THB 250,000)
Reason: We need a small loan to help with the low season currently and complete the renovations of our rooft... View More
Collateral Available: USD 0
Includes physical assets worth USD 74 thousand
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Business Name
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Business Overview
- This 7 floor venue is located on a road with 16 hotels and hostels and we are the only entertainment venue in the area. Brand has the potential to the franchise.
- Footfall averages about 40 people per day and can go up to about 200 customers per day.
- Door entry fees, food, drinks, karaoke, gaming and 3rd party rental of event spaces are the streams we make revenue.
- The venue has a total seating capacity of about 150 people.
Products & Services Overview
Hybrid nightclub & gaming bar with a liquor license, panoramic roof top mountain views at an incredible location.
The business has multiple entertainment services as a part of it's portfolio which includes, karaoke, gaming, dancing and drinks.
Currently, we see that the Karaoke rentals that we provide is the best selling service at our establishment.
Assets Overview
Tangible assets include:
- Equipment at the facility.
- Interiors.
- Infrastructure.
Facilities Overview
Operations are run from a leased property with 7 floors and each floor has an average area of 15m2 per floor. It is located around Tambon Si Phum.
Capitalization Overview
There is only one owner who owns 100% of the business and there are no loans on the business at this point in time.
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4 Investors viewed this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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