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Bar for Sale in Batam, Indonesia

One of the first Mandopop livehouse in Batam with live music and DJ performances.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 25 thousand
Run Rate Sales USD 326 thousand
EBITDA Margin 20 %
Industries Restaurants + 1 more
Locations  Batam
Local Time 8:14 AM Asia / Singapore
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 295 thousand (Native Currency: SGD 380,000)
Reason: Due to internal management issues and remote investor.
Includes physical assets worth USD 295 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Instagram Page
Interiors
Seating Area
Stage View
NIB License
Business Overview
- Established in December last year, this distinctive livehouse is pioneering the Mandopop entertainment scene in Batam, strategically located in the bustling Nagoya Citywalk.
- Catering to a lively audience with a seating capacity of 200-250, the venue blends the best of entertainment production and food & beverage offerings.
- The business boasts a unique selling proposition by being one of the first Mandopop livehouse in Batam, attracting a significant number of visitors, particularly from Singapore, due to targeted marketing efforts.
- Offers an engaging mix of daily live music performances and high-energy DJ beats, appealing to a vibrant crowd interested in diverse entertainment experiences.
- The venue provides a comprehensive menu of alcoholic beverages and delectable food options, enhancing the overall customer experience for guests seeking leisure and enjoyment.
- Financially stable with no outstanding loans apart from the owner's contributions, this establishment demonstrates a solid foundation for potential investment.
- Officially registered and operating under a valid business license, ensuring compliance with local business regulations and instilling investor confidence in its legitimacy.
Products & Services Overview
We are known for our daily live music performances, DJ beats, alcohol, and food for tourists, especially from Singapore.
Serve both vegetarian and non-vegetarian options.
Assets Overview
The tangible assets include all the restaurant furniture, cookware, and electrical components.
The total value of the assets is over SGD 500,000, but the owner has decided to sell the business at a discounted valuation of SGD 380,000.
Facilities Overview
Top-of-range music equipment, floor-to-ceiling Videotron.
The monthly rent ranges from 2,000 to 2,500 SGD with a lease agreement of two years plus one free year.
Capitalization Overview
No outstanding loans, funded by owner's own contributions,.
Business is owned by a single owner.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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