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
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
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
Price Negotiable:
- Yes, near offers will be considered
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.
