Large Bar Restaurant & Entertainment Center For Sale

Business description

Large Bar / Restaurant -- Entertainment Center- Disco Business for sale. Currently doing Restaurant / Filipino Cultura / Variety Shows. Stage, full bar, full kitchen, complete sound system for dj or live band. Good parking , and also 1000 sq meters of land extra for future business. Has full office, dressing rooms, bathrooms. Very nice, very good location, close to all the beach resorts of mactan island, philippines. in the middle of main tourist area. Seats 270 people, native decor. Now operating as a Restaurant and Entertainment. Guarnteed 30,000 of your investment back

Property information

Real Estate:

Lease

Lease terms:

Five Year Renewable Lease , With Option to purchase property.

Leasehold rent:

$8,000 per annum

Living accommodation:

full office with room for bed.

Location:

Maribago, Mactan Island, Lapu Lapu City, Philippines
Check all about us

Premises details:

On main road, close to all the beach resorts, close to all the tourist resturants

Size in square feet:

1706 sq meters

Other information

Expansion potential:

1000 sq meters of extra unused property in the rear of the business.

Planning consent:

All permits, licenses, fees, all all ready paid. ready to take over and start business

Competition / Market:

We are the only Place to offer this type of Entertainment. Maybe Tour Guides and Travel Agency's are already using us.

Reasons for selling:

started this business, and its too much for me to handle. i actually want to spend more time relaxing.

Trading hours:

12 pm to 12 am

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

One Half Down, and payments of six months with interest at 10%

Furniture / Fixtures value:

$40,000 (included in the asking price)

Inventory / Stock value:

$5,000