Top 50 to 100 Seater Morato RestobarListing: #OR00387
About this Business for sale in Quezon CityTop 50 to 100 Seater Morato Restobar
This modern top notch restobar is reflected in their food, décor and drinks. It is well-known for their ambiance and locally-inspired Filipino food. Often rented for events, it is currently recognized by a reputable magazine as one of the Top 50 Great Restaurants of 2019...
Set-up cost: 14,000,000
Security Deposit of approximately 720,000
Floor area: 300 sqm
Has ample shared parking space (approximately 24 slots for the whole building)
Store hours 4pm to 1am
Reason for Selling: All partners are very motivated to sell. They would like to part ways to focus on their respective careers and businesses.
For more details and inquiries, 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.