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   Date    Header Price  
23/05/2006  USA - Restaurant,12 000 000
-- Bar -- Other Country -- _Other Country -- --   GE Edit
23/05/2006

Bar, Disco and Nightclub in Phillipines!

16 000 000
BKK11326G - This large Bar, Disco and Nightclub is located in the Makati nightlife zone of Manila in the Philippines. Established for seven years, the venue is well known, with a website, and draws good year round custom which leads to current annual profits of $200,000, from receipts of $500,000. The current owner has freehold rights to the property, but is willing to rent it to a new owner as he is relocating. A five year plus five year lease is available, with monthly rent of $11,000, increasing by 10% per annum; rent in this area is typically around $18 per square metre, and the owner feels that his rental price is a very reasonable proposition as there is floor space of 680 square metres to utilise, plus a roof deck of 250 square metres and parking for six cars. The owner spent $500,000 to set up this business, and has subsequently made many further improvements, including $150,000 spent on décor; he is available on an advisory basis for three months during the transition phase, and will introduce his current manager, who he regards as a mainstay of the business, to the new owner. Permanent residence can be secured with this business, and he will also help in this regard. Meals for staff and customers are served from a small kitchen, and a satellite dish provides live sports events that are shown on a five metre projection television. There are 30 full time staff, and around 65 part time, but this number can swell dramatically (sometimes to over 100) according to the season and special events. This venue enjoys high profit margins, and could even be opened for 24 hours (at present it closes at 4am). As a final bonus, owner financing is available to the right party, with only an initial low investment needed to secure the business.


Annual revenue 20,000,000 Baht ($500,000)

Annual Owner's benefit (earnings before taxes and depreciation) 8,000,000 Baht ($200,000)

Furniture, Fixtures & Equipment included in the Investment Price n/a

Your Total Investment to own this business 16,000,000

Your Initial Cash Investment Needed 16,000,000 Baht ($400,000)

Inventory included in the Investment Price 160,000 Baht ($4,000)

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