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Restaurant for Sale in Mandaue City, Philippines

For sale: Restaurant serving Filipino cuisine with a seating capacity of 200 people.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity S Corporation
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 152 thousand
EBITDA Margin 20 - 30 %
Industries Restaurants
Locations  Mandaue City
Local Time 2:11 PM Asia / Manila
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 180 thousand (Native Currency: PHP 10,000,000)
Reason: The owner is relocating to another province and therefore needs to exit the business.
Includes physical assets worth USD 126 thousand
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Business Overview
- Filipino restaurant located in a prime location in Mandaue.
- The seating capacity of the restaurant is 200 pax.
- Pre-covid, average daily footfall of 100+ customers.
- Post lockdown, average footfall of 60 - 80 customers.
- Have a function hall with a seating capacity of 60 people.
- Have a license to sell liquor.
- Have 5+ vendors for liquor and 10+ suppliers for other products.
- Also cater to online deliveries.
- Have an acoustic band play every night.
- The restaurant also provides carwash facilities in the parking space.
- Due to the ongoing pandemic, experienced a fall in revenue.
Products & Services Overview
Filipino cuisine, events area, function hall, parking space, and carwash.
Assets Overview
The legal entity, kitchen equipment, furniture, sound system, and vendors.
Facilities Overview
Rented a 1,500 sq. meter. space with a monthly rent of PHP 2,50,000.
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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