Major Sport’s Bar, Restaurant and Event Center in Cavite
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  • Major Sport’s Bar, Restaurant and Event Center in Cavite
For Sale and Rent

Major Sport’s Bar, Restaurant and Event Center in Cavite

Listing Number:

  • 063-25-09-001

Asking Price:

  • PHP 18,000,000

Entertainment Bar / Pub
Cavite General Trias Manggahan

Business Details

Company:

  • In company name, but company not included

Current Staff:

  • 9 Full-Time Salaried

Average Monthly Electricity:

  • PHP 52,000

Average Monthly Water:

  • PHP 3,000

Property Details

Tenure:

  • Business Sale and Rent (Leasehold Premises). 5 years with option to renew (Rolling Lease).

Rent:

  • PHP 80,000 per month. Payable monthly in advance

Connected Utilities:

  • Power
  • Water
  • Internet

Land Improvements:

  • Landscaping
  • Fencing

Car Parking:

  • Private Car Parking - 60 Spaces
  • Private Motor Bike Parking
  • Parking available in the nearby streets

Stock:

  • Stock at the time of settlement is Included in the asking price

TV:

  • 9 Screen/s. PHP 1,800 per month

Internet:

  • Connected at the cost of PHP 1,500 per month. Wifi Enabled.

Security:

  • PHP 0 per month

Transition:

  • The owner or the owner's representative will assist in transitioning the business for a short period after settlement, if required

Agent's Comments

More than just a leading sport's bar and restaurant, this business is a significant leisure venue for locals and expats in Manggahan. Serving quality food and catering to local market needs, has led to its success and established clientele. Air-conditioned, fully furnished and equipped, staffed and with a positive cash-flow, this business is turn-key.

The decor is elegant and functional, the kitchen is designed and equipped to handle events or nightly dinners of around 150. Seating is mainly inside (around 140), but also outside around the pool area (another 20 or so). Point of Sale (POS) is installed in the kitchen, restaurant and bar and there is ample car parking available. Marketing is well established through the businesses website, facebook page, instagram account and youtube channel.

Unfortunately, the current owner has to return to Australia for ongoing medical treatment and is therefore reluctantly offering this business for sale. An amazing opportunity to buy into an established and profitable business in Cavite. An inspection will not disappoint.

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