Bar for Sale in Lekki, Nigeria
Established | 1-5 year(s) |
Employees | 50 - 100 |
Legal Entity | Private Limited Company |
Reported Sales | USD 1 - 2 million |
Run Rate Sales | USD 1.2 million |
EBITDA Margin | 30 - 40 % |
Industries | Restaurants + 1 more |
Locations | Lekki |
Local Time | 12:18 AM Africa / Lagos |
Listed By | Business Owner / Director |
Status | Moderately Active |
- We are a well-known and fast-growing restaurant and lounge in Lekki Lagos.
- Seating capacity of the business is 400 pax.
- Footfall during the weekends is 200-300 and during the weekdays is 100-150.
- Our restaurant serves both intercontinental and local cuisines.
- We are renowned for serving the best liquor and cocktails.
- Have a well-functioning online app that we use to take orders for food deliveries, book reservations, buy tickets for shows, and many more.
- 70% of the revenue is generated through offline orders and the rest is through online orders.
- We have a registration and Mermat certificate.
- The sales have decreased as the owner is unable to focus on the business.
A fully functional and well-equipped restaurant and bar. We are the go-to for many events and party planners in Lagos. We also have a fully functional club for party lovers.
All lounge chairs, tables, DJ booth, the land, fully equipped kitchen, manager’s office with office computers, table and chairs, staff rooms, cold rooms, beautifully designed toilets for male and female, spacious storage rooms.
A two-story building with a 96 Sq. meter cold room, a fully equipped kitchen, two fully equipped bars, and an owned land of 1,928 sq. m. of land (more than 3 plots of land) in the western part of the city.
- Currently, we owe no debts.
- The business is fully funded by the proprietors.
- The business is owned by two business partners with equal shareholding.