Wednesday 21 September 2016

2510001 Recently Closed 55 Seat Restaurant and Bar in Cavite Ready for New Owner

2510001 Recently Closed 55 Seat Restaurant and Bar in Cavite Ready for New Owner

Recently Closed 55 Seat Restaurant and Bar in Cavite Ready for New Owner

Listing No. 063-25-10-001

 

  • Business:  Bar and Restaurant
  • Location:  Imus, Cavite, Philippines
  • Features:  Only closed in August 2016 after a brief trading period, the restaurant’s furnishings and equipment are near new and in place ready for a new owner.  The current owner must move abroad for family reasons.  Close to the Kartini Hotel, this business is located on the 2nd level of a small retail building on Centennial Road.  When open, the owner states that sales exceeded PHP 100,000 per month. He employed 4 staff with a payroll of PHP 28,560 per month. The restaurant was known for its gastronomic food, fine wines and great music. A new owner may wish to build upon this or change the theme. DTI permit included.
  • Tenure:  Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease).
  • Asking Price:  PHP 510,000

More Information:  Please contact us for more detailed information (we require your name, phone number and e-mail address)



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