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Popular Resto Bar In The Philippines For Sale

Bohol, Philippines
Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$45,879 (USD)
Cash Flow:
On request

19 years remaining on the lease
Off-street parking available
The only genuine sports bar in Bohol
Multiple fridges and freezers included
Fully stocked bar, kitchen, 3 big screens and an outdoor seating area.
35-seat setting capacity with room for expansion
Opportunities to expand turnover by extending upstairs, already been approved by the landlord
Extremely popular with both locals and tourists alike
80% of our clientele are locals, ensuring steady year-round business

Property Information

Real Estate:

Lease

Lease Terms:

19-year lease

Leasehold Rent:

$5,089 (USD) per annum

Lease Rent:
$5,089 (USD) per sq ft per annum
Location:

Tawala Panglao, Bohol

Size in square feet:
180sqm

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Opportunities to expand turnover by extending upstairs, already been approved by the landlord

Competition / Market:

This established venue offers an excellent opportunity for the right buyer to step into a thriving business with a loyal customer base and strong local reputation.

Reasons for selling:

Moving to a new business and focusing on that new business can't handle the two business

Trading hours:

8:00am to 11:00pm / 24hours for football games

Employees:
7
Years established:
1 year 9months

Other Information

Furniture / Fixtures value:
$42,410 (USD) - included in the asking price
Inventory / Stock value:
$13,571 (USD) - included in the asking price
Home based:
This business can be run from home