Link Business

Profitable Korean Restaurant and Grill

Listing: #OR00239
price

₱2,500,000

Profit

sales

industry

Muntinlupa

Industry

Food / Beverage



About this Business for sale in Muntinlupa

Profitable Korean Restaurant and Grill

 

This Award Winning Korean Restaurant is best suited for the young/new entrepreneur looking to start a business, or the corporate executive who is looking to retire within five to ten years.

This small profitable business offers a risk free education in entrepreneurship, because the new owner can start earning from day one.  A new owner with new marketing ideas should be able to increase the sales of the restaurant.

Located in Alabang-Las Pinas, it’s a popular dining place for residents in the area because of its affordable prices, accessibility, and ability to host a party of up to 70 people.

The business has a system in place with a competent manager, a seasoned chef, and a six very capable dining and kitchen staff. The whole team can function efficiently even in the absence of the owner.

Located on the 2nd floor of a commercial building, its dining area can easily sit 45 persons, while a function room can accommodate an additional 25 people.  The 150 sq.m. includes a dining area, a function room, staff room, kitchen, male and female comfort rooms. It has two parking spaces plus roadside parking managed by the barangay security for the restaurant.

Within the restaurant's 3 km radius are commercial and industrial establishments, a business district, leisure centers, churches, a wet market, a supermarket, a popular mall and subdivisions with a population of more than 300,000.

The sale of the business includes the security deposit of ₱90,000, all fixtures, furniture and equipment, the business and brand names, and a Social Media account with more than two thousand followers.

The owners are selling because they need to focus on their contracting and farm business.

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*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.