Please read before asking for more information, PLEASE !
Davao's own "home grown" eatery is on the market for a new owner.
Great business for foreign national as it comes complete with four bedroom large upstairs air conditioned apartment. Rental for both twenty three seat eatery (375sqm)and upstairs residence (375sqm) as of January 2020 is P35,777.28 or currently at USD $699.15 monthly. You could not rent a four bedroom apartment/house in Davao for that kind of money let alone a restaurant space.
Comes complete and well maintained.
Huge customer base and growing.
Great location as area will be seeing building investments in near future.
Very marketable and popular business name.
Business has been run and then managed by a Filipina and a Canadian for almost ten years.
This is a great turnkey money making business opportunity for a foreigner .
We offer to provide two months of training for new business owner.
We survived some of the harshest COVID-19 restrictions only due to location and huge customer base.
While 50% of restaurants in Davao closed permanently, we survived and thrived.
*Update; many have asked if the space the business is located in, can it be purchased?
Answer: No, we rent the business space.
The price is excellent value for a ready made, well established, fully operational, fully staffed (except for a cook, she is my wife) profitable business in the heart of the business section of the city that has a very comfortable 4 bedroom apartment. A real bargain, residence and business all in one. Close to main fish, meat and vegetable markets.
Please note that we only operate the business eight hours daily, six days a week.
So as not to waste anyone's time, please go to "Blue Carabao Eatery" on Facebook to see customers "line up" for our food.
UPDATE : We are constantly improving this business with new equipment and menu items which has resulted in increased sales which inturn makes the business more valuable.
As of January 2020, the price for this business is (USD70,000.00) complete, ready to go. Cash is king, so we are very flexible on cash price.
For more information, please contact us by using the form below.