Sports Bar Bali- None BETTER

Industry: Accommodation/Tourism - Hotel, Food/Hospitality - Alcohol/Liquor, Food/Hospitality - Restaurant | Listed by: Business Brokers Network Australia
Key Strengths
About this business
This business is absolutely one of Bali's BEST

In the popular Seminyak- Legian region of Bali the business has operated successfully for 10 years, under the current ownership for over 5 years

The seller is moving on with a view to spending more time with his young family and to potentially explore other unrelated business interests.

The bar- restaurant is extremely well known and recognised for displaying all major sporting events, it is particularly well known for covering all of the major football codes of Australia and the US.

It is also well renowned for its quality well priced meals and service and serves as a great meeting place for tourists from all over the globe because of its central location, in what is well recognised as one of the most popular regions in Bali.

This business has great and consistent turn over and the vendor is being realistic with what he is seeking for the business factoring in it is being sold with a 15 year prepaid lease.

Fast Facts!
* Great Location
* 14 year prepaid lease
* Management and Long serving staff
* Owner takes frequent holidays
* Consistently performs
* Structured for Full Foreign ownership

As businesses of this nature rarely come on to the market in Bali, in particular in areas of the prominence of this business, coupled with the sellers realistic expectations i am extremely confident the business will sell quickly.

Great Profit- Expect to recoup your investment in less than 3 years

AND- No rent as lease paid for 14 years.

As customers, suppliers and in particular staff relations are valuable to the business, you will need to sign a CA (confidentiality agreement) to have details of the business made available through an informative IM- Information Memorandum.

In seeking information it will be anticipated you are in a position to fully fund the purchase.

NOTE- Some form of vendor finance maybe considered (70% at settlement, balance over 2 years)

NO AGENTS

NOTE- Photos are not from the actual business.
Business Features / Snapshot
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Business Name / Ref #:
Contact Advertiser
Location:
Perth Gpo
WA
Asking Price:
$1,400,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
Trading Hours:
Website:
Contact Details:
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Advertiser Details

Your Business Broker Specialist
Location: GPO Box 2068
Brisbane, Queensland
4001, Australia

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All Comments

Sports Bar Bali- None BETTER ListingImage
About this business
This business is absolutely one of Bali's BEST

In the popular Seminyak- Legian region of Bali the business has operated successfully for 10 years, under the current ownership for over 5 years

The seller is moving on with a view to spending more time with his young family and to potentially explore other unrelated business interests.

The bar- restaurant is extremely well known and recognised for displaying all major sporting events, it is particularly well known for covering all of the major football codes of Australia and the US.

It is also well renowned for its quality well priced meals and service and serves as a great meeting place for tourists from all over the globe because of its central location, in what is well recognised as one of the most popular regions in Bali.

This business has great and consistent turn over and the vendor is being realistic with what he is seeking for the business factoring in it is being sold with a 15 year prepaid lease.

Fast Facts!
* Great Location
* 14 year prepaid lease
* Management and Long serving staff
* Owner takes frequent holidays
* Consistently performs
* Structured for Full Foreign ownership

As businesses of this nature rarely come on to the market in Bali, in particular in areas of the prominence of this business, coupled with the sellers realistic expectations i am extremely confident the business will sell quickly.

Great Profit- Expect to recoup your investment in less than 3 years

AND- No rent as lease paid for 14 years.

As customers, suppliers and in particular staff relations are valuable to the business, you will need to sign a CA (confidentiality agreement) to have details of the business made available through an informative IM- Information Memorandum.

In seeking information it will be anticipated you are in a position to fully fund the purchase.

NOTE- Some form of vendor finance maybe considered (70% at settlement, balance over 2 years)

NO AGENTS

NOTE- Photos are not from the actual business.
Business Features / Snapshot

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:

Trading Hours:

Website:

$1,400,000

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