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Bar for Sale in Dapa, Philippines

403 sq. m. Filipino BBQ restaurant located adjacent to a small beach resort in Siargao.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 30 - 40 %
Industries Restaurants + 1 more
Locations  Dapa
Local Time 1:08 AM US / Pacific
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 700 thousand (Native Currency: PHP 41,000,000)
Reason: Rebuild of the 2-story concrete restaurant & bar will be completed in a month. With double the seati... View More
Includes physical assets worth USD 100 thousand
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Business Overview

- BBQ restaurant in the Philippines.

- The restaurant had a pre-Covid daily revenue of PHP 50,000 and a 35% annual profit margin.

- 80% of the restaurant's structure was destroyed in the December super typhoon last year.

- Business has no outstanding loans or liabilities.

- Currently one 100% owner, who is also the landowner.

- After reconstruction, we will have 2 floors and a restaurant with seating for 80 people.

- We also own a resort beach property with 3 guest cabanas and an Airbnb house. Exponential growth rate with the return of foreign tourism. and a 'Where to Eat" restaurant review.

- The representative for this transaction is based in the USA.

Products & Services Overview

Filipino BBQ cuisine, (fish, pork, chicken, and beef), desserts, fruit shakes, and alcoholic beverages.

Assets Overview

403 square meters of property dedicated to the restaurant. Other assets include kitchen equipment.

Facilities Overview

As land-owner and 50% partner we will provide the 403 sq. m. area rent-free to re-build our Filipino BBQ grill and bar.

The new concrete restaurant structure will have additional rooftop dining space -- two floors.

The rent in our area is, rental FMV: PHP 80,000/month (USD 1,600)

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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