Flavourful Italian Restaurant in Commercial LocationListing: #OR00315
About this Business for sale in ManilaFlavourful Italian Restaurant in Commercial Location
This Italian restaurant is strategically located in a mall with heavy foot traffic. It is frequented by nearby residents, mall-goers and foreign tourists with high-spending capacity. In every day of the week the seating is fully maximised. On top of that, they have also developed a take-out market and gained a loyal customer base in the area.
This fast-casual dining restaurant is thriving on both dine-in and take-out. It is also known for its specialty pasta dishes which have garnered a good following due to its good quality and mid-ranged pricing.
Up for sale is the whole restaurant, brand, equipment, as well as furniture and fixtures. Also included in the sale is another company branch in a busy Metro Manila location.
While running a restaurant is a challenging and satisfying pursuit, it is also one that suits someone with the time and effort to focus on developing it to its full potential. Despite the fun-adventure thus far, current owner believes that this is the best time to pass on a business due to it being profitable and sustainable, for them to focus on existing business ventures and passion projects.
The new owners will come in as a franchisee and will be able to take advantage of the store’s popularity, existing restaurant staff and supply contracts.
Ready to embark on this Italian-flavoured adventure?
For more inquiries and details, contact:
Dan R. Francisco | Corporate Business Broker | +63 917 842 3263
Caryl A. Nonato | Business Broker | +63 917 323 2069
+63 2 7900 8000
+63 917 842 3263
*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.