Profitable Bar for Sale in Tbilisi, Georgia
For Sale: Newly renovated and ready to operate bar, Italian restaurant and karaoke station.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | INR 30 lakh |
| Run Rate Sales | INR 18.8 lakh |
| EBITDA Margin | 35 % |
| Industries | Restaurants + 1 more |
| Locations | Tbilisi |
| Local Time | 4:15 PM Asia / Tbilisi |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
INR
29 lakh
(Native Currency: GEL 92,550)
Reason: Relocating from Georgia to USA. Looking for the full sale of the bar but also open to partnerships.
Includes physical assets worth
INR
28 lakh
Interested to connect with advisors
Business Overview
- 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.
- 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.
Products & Services Overview
Italian cuisine restaurant, bar and karaoke station.
Assets Overview
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.
Facilities Overview
We have a leased 250 sq. meter space. The lease can be renewed every 4 years.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysOwner, Marketing Consulting, Kuwait City, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, IT And Food, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Healthcare And Agriculture, Delhi, Individual Investor / Buyer connected with the Business
Tags:
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