Bar Assets for Lease in General Luna, Philippines
Ownership Duration | 5-10 year(s) |
Industries | Restaurants + 2 more |
Locations | General Luna |
Local Time | 9:48 AM Asia / Manila |
Listed By | Business Owner / Director |
Status | Moderately Active |
- On the ground floor, we have a retail surf shop which is of 90 sq mt, tattoo studio of 26 sq mt and have a stock room which is of 25 sq mt.
- On first floor, there is a bar & restaurant which has a seating capacity of 55 pax. On an average we receive 80-120 customers on a daily basis.
- The total monthly revenue including all 3 businesses is of PHP 2.5 to 3 Million.
- Major revenue is generated through bar & restaurant.
- All 3 businesses are run by us and the new buyer can run them as long as they occupy our leased facility.
- Buyer has to pay us lease amount of PHP 8 million. This includes security deposit, all three businesses, furniture, equipment, and stock.
- Lease duration is for 9 years and monthly rent would be PHP 82K.
- Building is not owned by us so new buyer has to pay extra PHP 82K as monthly rent to us and we will pay to the land owners.
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Earlier than 15 daysOwner, Restaurant, Calgary, Individual Investor / Buyer connected with the Business