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Popular Restobar in Prime Location

₱2,500,000MandaluyongListing: #OR00090

About this business for sale

Popular Restobar in Prime Location

Strategically Located in Mandaluyong City

This popular restobar has been operating since 2017. It is strategically located in Mandaluyong City. It has 2 levels and a has a seating capacity for 70 people. Food bestsellers include rice meals, steak, ribs and sisig. Drinks offered include soft-drinks, beer and wine. The target market would be a good mix of residents and professionals in the Mandaluyong central business district.

Asking price is ₱2,500,000.  Monthly average sales is approximately ₱700,000 (excluding tax). Floor area is 75 square meters. Monthly rent and CUSA are worth approximately ₱58,500 on a lease term until May 2019.

Manila-Ortigas Center
+63 2 900 8000
+63 917 891 1199

Gemmy Lontoc

*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.