Bar for Sale in Kuala Lumpur, Malaysia
For sale: Restaurant along with a wine bar located in the heart of the city.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | USD 223 thousand |
| Run Rate Sales | USD 104 thousand |
| EBITDA Margin | 39 % |
| Industries | Restaurants + 1 more |
| Locations | Kuala Lumpur |
| Local Time | 3:49 AM Asia / Kuala Lumpur |
| Listed By | Management Member |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
74 thousand
(Native Currency: MYR 300,000)
Reason: The investors do not know how to continue with the direction of the business, causing it to stagnate...
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Includes physical assets worth
USD
74 thousand
Business Overview
- Restaurant business that has an alcohol license and mainly deals with red wines.
- Customers usually come in to stay a while and tend to have high purchasing power.
- Pre-pandemic sales were roughly around MYR 100k per month.
- We receive around 10 customers daily.
- Also offer takeaways service and receive very few orders weekly.
- From the last 3 months, the business has dropped due to economic reasons (people are not willing to pay for the luxury drink i. e wine).
- 60% of the revenue is generated by the sale of alcoholic beverages and 40% of the revenue is generated by the sale of food.
- Customers usually come in to stay a while and tend to have high purchasing power.
- Pre-pandemic sales were roughly around MYR 100k per month.
- We receive around 10 customers daily.
- Also offer takeaways service and receive very few orders weekly.
- From the last 3 months, the business has dropped due to economic reasons (people are not willing to pay for the luxury drink i. e wine).
- 60% of the revenue is generated by the sale of alcoholic beverages and 40% of the revenue is generated by the sale of food.
Products & Services Overview
A wine bar that stocks a variety of whiskeys, white and red wines, champagnes, and other wine-related products. A slow-paced business that also sells Western food and some Asian snacks as well.
Assets Overview
Physical assets such as:- Tables, chairs, and sofas.
- Air-conditioning units. 5 units downstairs (two 6HP units) and 3 units upstairs.
- Variable Refrigerant Flow (VRF) Air conditioning with 2 outdoor 10HP units.
- POS system fully set up with printers.
- Wet chemical system for the kitchen in line with firefighting policies.
- CCTV with the offsite connection.
- Upstairs private room with bar counter.
- Wine cellar.
- 2 chillers for wines and other beverages.
- Cake chiller.
- All equipment such as wine glasses, glass racks, kitchen units, deep fryers, grill units, etc.
Intable- Company name and all attached licenses/permits.
Facilities Overview
- The restaurant is located in the center of the city.- It is on 2 floors having a total area of roughly 2,700 sq. ft. We pay a monthly rent of MYR 18k.
Capitalization Overview
The business is funded by its own sales but was started by a total of 5 partners. There are two PiCs (person-in-charge) while the rest are silent partners. The remaining debts are invoices in terms of wine purchases and rental, however, those will be cleared before the handover.
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