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Bar for Sale in Mombasa, Kenya

Restaurant with an Olympic pool, event facilities, and a dedicated team for smooth operations.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 224 thousand
Run Rate Sales USD 260 thousand
EBITDA Margin 40 %
Industries Restaurants + 1 more
Locations  Mombasa
Local Time 5:12 AM Africa / Nairobi
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 620 thousand (Native Currency: KES 80,000,000)
Reason: The main owner wants to retire.
Includes physical assets worth USD 600 thousand
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Business Overview
• Restaurant business with its own massive property in a prime location in Mombasa.
• Small indoor restaurant, kitchen and restaurant offices, 60 Pax conference and general offices.
• Expansive golf grass loan ideal for, wedding events team building etc. Garden Bar. Open air covered restaurant exposure. Olympic size stylish swimming pool as well as a small children’s playground.
There are many other restaurants in Mombasa, however ours may potentially be the largest restaurant in Mombasa.
Employees:
1) General manager - 1.
2) F & B manager - 1.
3) F & B supervisor - 1.
4) Bar-lady - 1.
5) Service staff - 6.
6) Accountant - 1.
7) Cashiers - 3.
8) Chef and kitchen staff - 4.
9) Support staff – 5.
- UNEP Global Roll of Honour award in the environment.
- Business has a registration certificate, Food and Safety License, and it renews its single business permit every year.
Products & Services Overview
Well known international outdoor ala carte garden restaurant and Olympic size pool. Fit for all.
Apart from the usual individual customers and groups, the restaurant also has lot of events like team building activities, weddings, baby showers, and birthday parties.
Assets Overview
Inventory:
Furniture’s:
• 27 Wooden Tables with.
• 88 Wooden Chairs.
• 2 Quality Plastic Tables With Glass Top.
• 1 Quality Plastic Chairs.
• 1 New Pool Table.
Upstairs:
• GM’s office and equipment.
Garden Bar.
• Outdoor (Charcoal) Barbecue Grill.
• Display counter.
• POS terminal.
Kitchen.
• Commercial Gas Burners - 10.
• 4 Big Freezer.
• 1 Fridge.
• 2 Fryers.
• 2 Electric Oven.
• 8 Sink.
• 154 Plates.
• 5 Kitchenettes.
• 1 Large gas tank.
• 1 cold storage freezers.
Equipment’s.
• Computers – 3.
• POS x1.
• Other General Office Equipment.
60 Pax conference.
• 2 small tables 4 seating - 2.
• Long tables (draped) - 10.
• Audio-visual equipment.
• Air-Condition.
• Conference chairs - 90.
Land plot - the land is valued at KES 42.5 million.
Structure including swimming pool is valued at KES 37 million.
Remaining furniture and fixtures are worth KES 5 million.
Facilities Overview
Main indoor building.
• Downstairs: small indoor restaurant, kitchen and restaurant offices, storage rooms, toilet.
• Upstairs: 60 pax conference hall and general offices.
• Outside: Expansive golf loan arena ideal for groups, wedding events, team building etc. and garden Bar. Open air covered restaurant. Olympic size stylish swimming pool as well as a small children’s playground.
Completely furnished, ready to use.
There is 5 acres of total landplot on which our restaurant and the outside pool is located. This property is owned and will be transferred to the buyer.
Best business location in Shanzu, Serena Road of Nyali, Mombasa.
Capitalization Overview
The business is funded from cash flow. No loans or debts presently.
Shareholders are: -
I. Founder with 98% shareholding.
Ii. Another minority shareholder with 2% shareholding.
Recent Activity
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1 Buyer already contacted this Business. Register below to connect now!
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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