Restaurant And Sports Center
www.GlobalBX.com
Listing ID:
700182614
Listing Title:
Restaurant And Sports Center
Quick Link:
http://www.globalbx.com/listing.asp?bId=182614
Industry:
Food and Beverage
Industry Segment:
Restaurants and Fast Food (Non-Franchise)
Country:
Philippines
State / Province:
Area
City:
Cebu City
Asking Price Range:
< $250K
Gross Revenues:
$500,000
Cash Flow:
$180,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1996
Number of Employees:
20 - 34
Business Description:
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
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