Link Business

East Asian Restaurant in San Juan

₱8,400,000National Capital RegionListing: #OR00119

About this business for sale

East Asian Restaurant in San Juan

Seller spent  ₱12,000,000 to set up this brand-new-looking restaurant in an AB mixed-use development in 2013. The restaurant hired a consultant from the country of origin of the cuisine. Seller will turn over the recipes upon full payment of sale price. Seller had two other restaurants in San Juan. A neighboring bank wants to expand by taking over the lease of this restaurant.

Parking: More than ample, including 2 reserved street parking slots in front of the restaurant

Seller Training:  two to three weeks x 48 hours a week

Revenues/Month: ₱ 600,000 - ₱900,000 VAT inclusive

Rent/Month: ₱ 359,000 (P 220,000 rent and P 139,000 piped in gas)

Electricity/Month: ₱50,000

Area: 158 square meters

Seats: 80

Storeys: 2

Saturday-Sunday: 10 am-10 pm; Monday to Friday: 11 am-10 pm

Washroom: The restaurant has its own comfort room, as well as the building washroom

Reason for selling:  Seller’s family is busy with other businesses.

 

Manila-Ortigas Center
amity.young@linkbusiness.ph
+63 2 900 8000
+63 917 882 6489

Amity Young

*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.