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Group Of Four Restaurants In Cebu City For Sale

Cebu City, Cebu
Asking Price:
Under $100K (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250K - $500K (USD)
Cash Flow:
$100K - $250K (USD)

Restaurant 1: IT Park sqmt 135.33 inclusive with al fresco, All day Italian comfort food with Pizzas $100k
Restaurant 2: Prime location sq-mt 205.30 is a modern design, serve imported steaks and others specialty, in house wines bar and premium spirit $90k
Restaurant 3: SRP sq-mt 234.86 inclusive of large terrace seaside, comfort Italian food with Pizzas $150k
Restaurant 4: District at IT Park sq-mt 206.91+ 60 sq-mt mezzanine, concept food hall: organic and healthy options, wines retails corner and Ice-creams $160k

These are for sale as a single business. The price is negotiable, please enquire for more specific information.

Property information

Real Estate:

Lease

Lease Terms:

5 Years Renewable 8% increase per Year

Leasehold Rent:

$24,000 (USD) per annum

Location:

All the 4 restaurants are well Located on the most developing businesses areas of Cebu City, very visual and partner on the most successful Establishment building names in the City

Premises Details:

The locations are been study and tested up before,allocated Retails sizes and concept, all are base of the fast growth on International Call Center, BPO, IT Businesses...

Business Operation

Expansion Potential:

Yes very possible to expand by keep the existing brands and extended on other new location coming up...

Competition / Market:

Only few company (probably 5) leading to the International Concepts Restaurants market, this give us distinction on Market share

Reasons for selling:

Planning to liquidate my assets for new
investment direction in resort hotel Philippines...

Trading hours:

We are operating Mall Hours :10am till 10pm, stand alone places 7am till 2am

Employees:
Averages 10 employees up to 16 depending Business Season and locations
Years established:
2008

Other Information

Support & training:

All our Restaurant depending from a Central Distribution of Food Productions, and of Training Controlled by an HR teams

Furniture / Fixtures value:
$90,000 (USD) - included in the asking price
Inventory / Stock value:
$60,000 (USD) - included in the asking price
Website:
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Related Documents:
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

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