Specialty Retailer Assets for Lease in General Luna, Philippines

New and modern building with 2 storey is available for lease along with three businesses.

Ownership Duration
Industries
Restaurants + 2 more
Locations
Local Time
10:06 PM Philippines
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Yearly Lease Amount
Asking Price: USD 160 thousand (Native Currency: PHP 8,000,000)
Reason: Due to personal reasons.
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Assets Description

- New and modern building with 2 storey is available for lease along with three businesses.

- On the ground floor, we have a retail surf shop which is of 90 sq mt, tattoo studio of 26 sq mt and have a stock room which is of 25 sq mt.

- On first floor, there is a bar & restaurant which has a seating capacity of 55 pax. On an average we receive 80-120 customers on a daily basis.

- The total monthly revenue including all 3 businesses is of PHP 2.5 to 3 Million.

- Major revenue is generated through bar & restaurant.

- All 3 businesses are run by us and the new buyer can run them as long as they occupy our leased facility.

- Buyer has to pay us lease amount of PHP 8 million. This includes security deposit, all three businesses, furniture, equipment, and stock.

- Lease duration is for 9 years and monthly rent would be PHP 82K.

- Building is not owned by us so new buyer has to pay extra PHP 82K as monthly rent to us and we will pay to the land owners.

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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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