Bar for Sale in Tbilisi, Georgia
|Employees||2 - 5|
|Legal Entity||Sole Proprietorship/Sole Trader|
|Reported Sales||USD 30 thousand|
|Run Rate Sales||USD 20 thousand|
|EBITDA Margin||35 %|
|Industries||Restaurants + 1 more|
|Local Time||10:06 PM Asia / Tbilisi|
|Listed By||Business Owner / Director|
- The business is a working bar and Italian restaurant.
- We host parties and also operate as a karaoke station.
- The space is huge and can accommodate seating of 150+ people. During parties, we remove the furniture to accommodate up to 400 people.
- The daily footfall before covid was around 400+ people but after the pandemic, it has reduced.
- Working area and bar is newly renovated with Italian-goth style furniture. We also have 2 VIP rooms and 2 private sitting areas.
- The place is equipped with sound systems, lights and other infrastructure and does not need any fixtures after acquiring.
- The revenue has dropped due to multiple lockdowns this year but we hope to recover as now things are coming back to normal.
- We are also open to working in partnership.
Italian cuisine restaurant, bar and karaoke station.
We have a newly renovated Italic furniture setup, our kitchen is fully equipped with 2 platform areas, ovens, freezers, professional barbeque and the finest bar counter.
We have a leased 250 sq. meter space. The lease can be renewed every 4 years.