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Bar for Sale in Kuala Lumpur, Malaysia

For Sale: Thai food restaurant and bar in an upscale area with a seating space for 150 pax.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 113 thousand
EBITDA Margin Operating at loss
Industries Restaurants + 1 more
Locations  Kuala Lumpur
Local Time 12:30 AM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 94 thousand (Native Currency: MYR 400,000)
Reason: Partners have decided to exit the business due to shareholder issues. We want to sell the business q... View More
Includes physical assets worth USD 94 thousand
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Business Overview
- Serve Thai food with localized taste and flavors.
- Have a wide range of BBQ skewer food.
- Also serve alcohol.
- Located in an upscale area with more than 15 office towers.
- Have a seating space for 150 people.
- Pre-pandemic, the restaurant had a daily footfall of 200 people.
- Due to the pandemic, our revenue and footfall have dropped significantly.
- We currently receive a daily footfall of 30 people.
- The business has gross margins of 55%
- However, due to the drop in revenue and high fixed costs, the business currently operates at a loss.
- The business can reach breakeven if the daily footfall increases to 70+ people.
Products & Services Overview
Thai food restaurant popular for its BBQ skewer food and beer.
Assets Overview
Furniture, renovation fittings, interiors, inventory, and kitchen equipment.
Facilities Overview
Rented area of around 2,000 sq. ft. , located on the ground floor. Monthly rental around MYR 18,000.
Capitalization Overview
Not Disclosed
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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