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Restaurant And Sports Center
Location: Philippines -> Cebu City
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Restaurant and Sports Bar with Swimming Pool and tennis courts in upmarket area of Cebu City with very open and green ambiance. Function capacity of up to 200 pax. Has a clubhouse with games room for 40-50 pax. covered open air restaurant seating in a garden environment for 150 more plus 50 poolside seats and a bar for 15+ stools
Company has lease rights for 5+ more years. Recently renovated and improved but needs some more capital ( USD 20K) for further improvements which can be generated from cash flow.

Asking Price USD 245,000, giving buyer guaranteed no past liabilities


Financials

Asking Price Range:  < $250K
Gross Revenues:   $500,000
Cash Flow:   $180,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1996
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Available if necessary
Reason For Selling:  Health, retirement and partner problem (bought out)




Print Listing Id: 700182614
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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