Newly Established Bar Seeking Loan in Tigbauan, Philippines
Established restobar with seating for 80+ and catering to 30+ orders/day seeks funds for renovations.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | USD 32.5 thousand |
| EBITDA Margin | 15 % |
| Industries | Bars |
| Locations | Tigbauan |
| Local Time | 6:47 AM Asia / Manila |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
5.4 thousand
for
10.0%
annual interest,
1
year
(Native Currency: PHP 300,000)
Reason: Expansion and improvement of ambience (bar counter and tables and chairs) to be customized. Since al...
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Collateral Available: USD 1.8 thousand
Includes physical assets worth
USD
7.2 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Business License
(3.7 MB)
Permit
(3.8 MB)
Business Overview
- Minimal competition in the area, we're a fresh player in Tigbauan's nightlife and dining market. We welcome a steady daily footfall of about 3 tables during weekdays, often reaching a full house on weekends and on days when we host events.
- With seating for up to 80, we offer a spacious, comfortable environment ideal for groups, gatherings, and celebrations.
- While we don’t currently offer online delivery, we focus on creating a memorable experience for walk-in customers.
- On average, we handle around 30 orders per day, a balance that allows us to maintain a high level of service and engagement with each guest.
- Our food and liquor licenses are fully secured, giving us the ability to support a wide range of offerings on our menu.
- Our promoter brings over 10 years of experience in the industry, ensuring smooth operations and an understanding of the market.
- We proudly serve both vegetarian and non-vegetarian options, catering to a variety of tastes and dietary preferences to ensure everyone feels welcome at our restobar.
- With seating for up to 80, we offer a spacious, comfortable environment ideal for groups, gatherings, and celebrations.
- While we don’t currently offer online delivery, we focus on creating a memorable experience for walk-in customers.
- On average, we handle around 30 orders per day, a balance that allows us to maintain a high level of service and engagement with each guest.
- Our food and liquor licenses are fully secured, giving us the ability to support a wide range of offerings on our menu.
- Our promoter brings over 10 years of experience in the industry, ensuring smooth operations and an understanding of the market.
- We proudly serve both vegetarian and non-vegetarian options, catering to a variety of tastes and dietary preferences to ensure everyone feels welcome at our restobar.
Products & Services Overview
- Located in Tigbauan, our restobar is where drinkers come together to relax, socialize, and enjoy a lively, laid-back atmosphere.- Proudly offer our tower mix, a range of beers, and classic *pulutan*, all served alongside a menu of beloved Filipino favorites. For added fun, our guests can enjoy free, unlimited videoke—a perfect way to unwind and connect.
- Our bestseller is our beer selection, drawing in customers who appreciate a friendly, casual experience and the chance to unwind in good company.
- Catering to the local community.
Assets Overview
TV.Refrigerator.
Freezer.
Speakers.
Wires and cables.
Lights.
Kitchen equipment.
Tower mix.
Pulutan.
Silog Central (silog menu)
Exceptional customer service.
Car worth PHP 100k, this is the personal property of the owner, but is being pledged as collateral and is part of this transaction.
Facilities Overview
Rental space of 70 sq meters that can accommodate 80 seated guests and a small kitchen space.Rent is PHP 30k/month.
Capitalization Overview
The business was initially funded through a multi ourpose cooperative and presently operates with the salary loans and salary of the manager who is the partner of the owner.2 shareholders.
No loans or debts.
Recent Activity
-
Earlier than 15 daysSenior Inspector, Civil Contracting, Horley, Individual Investor / Buyer connected with the Business
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·Newly Established Bar License Seeking Loan
·Newly Established Sports Bar Seeking Loan
·Newly Established Beach Bar Seeking Loan
·Newly Established Tavern Seeking Loan
·Lend to Newly Established Bar License
·Lend to Newly Established Sports Bar
·Lend to Newly Established Beach Bar
·Newly Established Bar Seeking Loan
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