Theme Resto Bar in Taguig Must SellListing: #OR00087
About this Business for sale in TaguigTheme Resto Bar in Taguig Must Sell
Since the commercial space was not ready for a restaurant, the owner spent P 7,500,000 to set it up, including HVAC (heating, ventilation and air conditioning) and MEPF (mechanical, electrical, plumbing and fire safety engineering). This restaurant was originally listed at P 5,400,000 and P 3,000,000.
The chef also worked for the Seller’s two other restaurants. Two TVs are hooked up to TVplus.
Parking is available on two sides of the office complex where the restaurant is located. One parking area is a mixed-use development. Both parking areas are in the next block.
Best sellers: Grilled Chicken*, Grilled Pork Chop, Pork Belly and Nachos.
Listing broker’s favorites: Quesadillas, Buffalo Wings and Seafood Marinara.
Revenues/month: P 200,000-P 240,000 VAT inclusive.
Area: 62.11 square meters
Rent/square meter/month: P 1,225 or P 1,085 + 5% of gross sales, whichever is higher (about P 85,000+)
Hours: 10 AM-10 PM Mondays to Fridays
Washroom: This resto has its own washroom.
Reason for selling: Owner has bigger fish to fry.
*Not the menu name. Dish names are themed.
*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.