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Uniquely Popular And Niche Restaurant & Sports Bar

Location  Philippines
Asking Price Range  $500K - $1.0M
Gross Revenues  $1000000
Net Profit / Cash Flow  $1000000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2011
Number of Employees  20 - 34
Inventory  750000
Relocatable  No
Number of Employees  20 - 34
Real Estate  Leased
Training  Available
Reason for Sale  Founded a new family with a first-born 2 and a half year-old son, and second 2 month-old baby-girl, and will take-up residence abroad.

Description  
To date, as featured in at least 4 National TV networks (namely, Ch 5 (Chef Jeremy Flavia), 7 (Jessica Soho), 11(Brigada/ Cedric Castillo & Jessica Soho) and 22 (GenerationRx), I own a uniquely popular and niche restaurant and sports bar business, jump-started in Tagaytay City (one of Philippines' or Asia's Top Tourist Hot-Spots). It currently enjoys local and regional trending, frequented by both locals and out-of-town visitors (including foreign nationals) alike. It has an early proven potential to generate up to USD$72,000.00 to USD$122,000.00 (or Philippine Pesos - Php 3 to 5 Million) per month in gross sales, while nested at a local area restaurant industry average of up to USD$145,000.00 to USD$291,000.00 (or Philippine Pesos - Php 6 to 12 Million) per month in gross sales. The restaurant boasts the ''true-to-word'' best and most strategic location in Tagaytay City, enjoying ''self-marketing advantage.'' An area passed by millions of visitors per year. It embodies the textbook mantra: ''Location, location, location . . .'' I am asking a firm USD$ 850,000.00 ( Philippine Pesos - Php 35,000,000.00) - Lock-Stock-and-Barrel - for the said restaurant business location only, including assignment of lease, while I retain 10% ownership in ''royalty-shares.'' NON-NEGOTIABLE. You are not just buying any kind of restaurant business in this case. You are buying-in in one of our success stories. That is the difference with buying or starting just any kind of restaurant business. The new owner must be passionate about the restaurant business. You may contact me for serious and rush sale inquiries only at Mobile +639165184954. Regards, Don Juan Don Juan Tamad or Don Juan (Ihaw-Ihaw) Restaurant & Sports Bar/ Tagaytay City Direct +639165184954/ Local (046) 682-0436


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