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Restaurant for Sale in Metro Manila, Philippines

For Sale: Restaurant serving Korean cuisine having a capacity to accommodate 50 pax.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity C Corporation
Reported Sales USD 360 thousand
Run Rate Sales USD 370 thousand
EBITDA Margin 15 %
Industries Restaurants
Locations  Metro Manila
Local Time 1:24 AM Asia / Manila
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 140 thousand (Native Currency: PHP 8,000,000)
Reason: Owners are looking to focus on other ventures.
Includes physical assets worth USD 17 thousand
Documents
Business Overview

- We serve Korean cuisine.

- Restaurant is located in a very well known area surrounded by many restaurants, attracting large crowds everyday.

- There is a maximum seating capacity of 50 pax.

- Receive an average of PHP 60,000 revenue per day.

- Ranked amongst top restaurants in the area on TripAdvisor. Also, ranked amongst top international restaurants in the area on TripAdvisor.

- Received Certificate of Excellence award from TripAdvisor on more than one occasion.

- Have 93k+ likes on Facebook and 1k+ likes on Instagram.

- We have been mentioned on several feature articles as one of the top dining restaurants in Metro Manila.

- Physical assets are kitchen equipment and interior setup.

- Sale would include entire business and physical assets.

Products & Services Overview

Restaurant serving veg and non veg Korean dishes.

Facilities Overview

Property is rented and has an area of 156 Sq. Meters.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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