East Asian Restaurant in San Juan
About this business for saleEast 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)
Area: 158 square meters
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.
+63 2 900 8000
+63 917 882 6489
*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.