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Unique Ocean View Restaurant Echo Beach Canggu Bali For Sale

Echo Beach, Canggu, Bali
Asking Price:
$210,000 (USD) Furniture / Fixtures included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
Under $50K (USD)

Echo Beach Canggu PRICE SLASHED BY $70,000 USD to $210,000 USD. Must be sold ASAP. Fabulous restaurant opportunity. Ever dreamed of living and working in paradise, on the Island of the Gods. Then this unique opportunity could be yours.

The Leasehold property, under Indonesian Law, is perfect for intended purchasers from anywhere in the world. It is a fully renovated and very well established restaurant, set on approx. 200 Sqm of land, only 30 metres from the ocean, with fabulous views, cool ocean breezes, and the only restaurant with a car park. It is surrounded behind, and to the side, by a new 200 + room, 5 Star resort, set to open within months .. Plus another one 500 metres away, and set to open early next year.

Canggu is rapidly becoming the “New Seminyak” and has had plenty of press coverage recently with the opening of the new Finn’s Beach club, and several 5 star resorts set to open soon. It is also widely regarded as one of the best surf spots in Bali. With the area now growing rapidly, this is not only a perfect lifestyle opportunity, but also a fabulous investment opportunity to get into the market in Echo Beach, before the guaranteed surge in real estate prices.

The restaurant is 3.5 years old and has just undergone major renovations and extensions. It comfortably seats 80 ++, and is being sold as a going concern that includes all plant, equipment, staff and stock. The lease has 7 years left, paid up for the whole term, and has extension options to suit any perspective buyer.

The purchase price also includes all social media, such as website (currently under full update), Facebook, trip advisor, instagram, and others such as Four Square. The restaurant is consistently voted the “Best BBQ Pork Ribs” in Bali and has a sensational menu including Authentic Asian dishes, an excellent reputation for quality food, perfect location, cleanliness, and great staff.
We offer live music several nights a week, functions and events, dine in, take away, home delivery to the local resorts, villa surf stays etc, and free WIFI.

Currently Bali ranks No 1 in the World as best the Holiday destination, it also brags some of the best capital growth in Asia and areas such as Seminyak and Canggu return between 20% and 30% according to independent real estate sources.

The asking price has been reduced significantly to ensure a quick sale.The Restaurant is only being sold because of urgent family issues. Don’t miss out on this truly unique opportunity to own a well-established restaurant business, in a rapidly growing and very popular area of Bali.

More details available upon request, please contact seller below for more information.

Property information

Real Estate:

Lease

Lease Terms:

7 years left - fully paid upfront with extension options to suit ..

Location:

Echo Beach Canggu Bali

Premises Details:

200 sqm restaurant - 30 metres from the Ocean

Size in square feet:
200 sqm
Planning Consent:

Yes

Business Operation

Expansion Potential:

Growth in the area is tremendous, so business expansion potential is huge..

Competition / Market:

Currently only one other close by - soon to be closed for car park extension. Several in the area but none specialising in Authentic Asian and BBQ

Reasons for selling:

Family health reasons

Trading hours:

Currently 8.00 am - to 11.00pm

Employees:
12
Years established:
3.5 years

Other Information

Support & training:

All support an training will be given during handover, including introductions to suppliers etc.

Furniture / Fixtures value:
$70,000 (USD) - included in the asking price
Inventory / Stock value:
$15,000 (USD)
Website:
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