Restaurant Assets for Sale in Cebu City, Philippines

Asset Sale: Company owning two Italian restaurants, one food hall and one steakhouse.
This Business is on a Premium Plan
Ownership Duration
Industries
Locations
Local Time
11:56 PM Cebu City
Listed By
Business Owner / Director
Status
Active
Overall Rating
Asset Sale
Asking Price: USD 540 thousand (Native Currency: PHP 27,800,000)
Reason: We want to open chain of resorts from the money we get from selling our existing assests.
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Assets Description

- Company owns all 4 restaurants.

- We are looking to sell fixed & movable, mechanical and electrical assets.

- All the premises are rented and the assets are owned by the company.

- RESTAURANT 1:

- This is an all day Italian dining restaurant located in a IT Park.

- Seating arrangement is for 60 people.

- 67 Sq mt area with outdoor seating arrangement with fully air conditioned interiors.

- Tentative selling price: PHP 5.8 million.

- RESTAURANT 2:

- This is a food hall located in a IT park.

- Seating arrangement is for 120 people.

- 138 Sq mt area with free mezzanine.

- Tentative selling price: PHP 8.9 million.

- RESTAURANT 3:

- This is an Italian restaurant with a sea view terrace.

- Seating arrangement is for 100 people.

- 180 Sq Mt fully air-conditioned + 40 Sq Mt terrace facing the sea.

- Tentative selling price: PHP 8.2 million.

- RESTAURANT 4:

- This is a steakhouse in a commercial building.

- Seating arrangement for 50 people.

- Premise of 190 Sq Mt fully airconditioned.

- Tentative selling price: PHP 4.9 million.

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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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