Newly Established Bar for Sale in Tbilisi, Georgia
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 500 - 600 thousand |
Run Rate Sales | USD 590 thousand |
EBITDA Margin | 20 - 30 % |
Industries | Restaurants + 1 more |
Locations | Tbilisi |
Local Time | 1:49 AM Asia / Tbilisi |
Listed By | Business Owner / Director |
Status | Moderately Active |
- The restaurant has a solid revenue model, serving over 12,000 clients.
- Gained recognition from both restaurateurs and patrons, establishing itself as a prominent dining destination in the country.
- The establishment offers a diverse range of Asian cuisine, including Japanese, Korean, and Thai dishes, catering to a broad spectrum of tastes.
- Additionally boasts a mixology bar with specialty cocktails and an extensive wine selection.
- With a seating capacity of 150, including both indoor and outdoor areas, the restaurant can accommodate various group sizes, from intimate gatherings to larger events.
- Fulfills 30-50 orders per day with an average on-site order value of GEL 100 and also provides delivery services through Wolt with an average order value of GEL 70.
Mixology bar - serving specialty cocktails and wine.
Top selling are main courses - chicken wings and pad thai.
Customers include local patrons, tourists & visitors and business & social gatherings.
Service channels are dine-ins and home delivery through Wolt.
Professional kitchen equipment.
Bar equipment.
Custom-made furniture.
Premium lighting.
MVP systems.
Intangible Assets:
Brand reputation.
Customer base.
Recipes and menu.
Business systems and processes.
Excellent venue for private parties, corporate dinners, friendly gatherings etc.
Rent is GEL 22k per month.
Partner A with 34%, Partner B with 33%, Partner C with 20%, and Partner D with 13%.
Additionally, the business benefits from a well-structured 7-year bank loan featuring favorable terms and conditions, transferable seamlessly to potential new owner (s), or otherwise will be covered within the sale deal.
As of now, there are no outstanding debts or loans beyond this arrangement. It's noteworthy that all owners of the restaurant have unanimously agreed on the potential sale of the business.