Spacious and Known QC Korean Buffet Restaurant for 8 YearsListing: #AL00123
About this Business for sale in Metro ManilaSpacious and Known QC Korean Buffet Restaurant for 8 Years
SPACIOUS AND WELL-KNOWN KOREAN BUFFET RESTAURANT FOR 8 YEARS
Opportunity Plus! Priced to sell quickly!
This established Korean Restaurant of 8 years very much spells mom-and-pop (and not just because it’s run by a husband-and-wife team). The place is well-known in the area with regular customers packing the 150-seater place on busy days, especially during weekends as they celebrated birthdays, anniversaries, special occasions or just simply being together.
All the hard work has been done. A complete fit-out, with marketing in place for promotions, social media, and with dependable house team full knowledge on food, this hands-off investment opportunity is a breeze.
No setup costs required with short ROI period. Sales is stable with an average of ₱1M per month since 2018 coming from regular customers consisting of locals from nearby cities, as well as tourists resulting in year- round profits.
- -spacious 230 sqm space for 150 seating customers
- -100 cars parking space availability (within the compound)
- -ranging between P13M-14M average annual sales for the last 2 years ending 2019
- -known Korean buffet restaurant in QC
This business has demonstrated 3 consecutive years of growth in revenue (prior to lockdown restrictions in Metro Manila). Great restaurant with courteous staff of more than 20 and the business has a system in place and well-managed.
It is a great opportunity for a new business owner who loves operating a restaurant in a spacious commercial location in Quezon City, become their own boss or someone looking to expand their current operation.
Make the call now!
Noemi Concepcion at mobile: +639178018628 (globe)
Doris Tabios at mobile: +639175144801 (globe)
Benjie Tabayag at mobile +63949-5066785 (smart)
***Strict confidentiality applies***. To this end, further details of this business will only be disclosed following a personal meeting with the broker and a completion of a Confidentiality Agreement. Purchasers must be able to demonstrate the financial capability and business experience to proceed before detailed information will be shared.
Due to the confidentiality of this business a stock photo image may be used to represent the business and the actual location has been withheld. Please contact the broker for further details.
+63 917 854 5465
+63 917 802 0052
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.