Restaurant for Sale in Ormoc, Philippines
For Sale: Ormoc's popular seafood and grill restaurant with regular customer base and alcohol permit.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 103 thousand |
| Run Rate Sales | USD 114 thousand |
| EBITDA Margin | 30 % |
| Industries | Restaurants |
| Locations | Ormoc |
| Local Time | 8:27 AM Asia / Manila |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
26 thousand
(Native Currency: PHP 1,500,000)
Reason: The owner has become part of another venture that requires them to move to Africa. The owner will no...
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Includes physical assets worth
USD
13.8 thousand
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Business Name
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Business Overview
- The business is a well-known seafood and grill restaurant located in Ormoc, with a single branch operation.
- Our restaurant is one of the well-known restaurants in the city because we offer delicious and affordable food.
- The business is positioned as a native type of restaurant, offering delicious and affordable food, catering to the local market.
- We have a regular customer base.
- Our seating capacity is 50-60 pax and we are at capacity almost every day.
- In addition to the food and beverage offerings, the restaurant serves alcohol and holds an alcohol permit, providing an additional revenue stream.
- The sale of the business includes the brand name, all physical assets, and the alcohol permit, presenting a turnkey opportunity for potential investors or buyers.
- Our restaurant is one of the well-known restaurants in the city because we offer delicious and affordable food.
- The business is positioned as a native type of restaurant, offering delicious and affordable food, catering to the local market.
- We have a regular customer base.
- Our seating capacity is 50-60 pax and we are at capacity almost every day.
- In addition to the food and beverage offerings, the restaurant serves alcohol and holds an alcohol permit, providing an additional revenue stream.
- The sale of the business includes the brand name, all physical assets, and the alcohol permit, presenting a turnkey opportunity for potential investors or buyers.
Products & Services Overview
We offer:- Seafoods dishes.
- Iced coffee.
- Sizzling foods.
- Milk tea.
Our sizzling foods and sea food dishes are the top-selling and they are consumed by our patrons who mostly consist of locals.
Assets Overview
Tangible assets include 3 freezers, 1 long freezer, an icemaker machine, all the kitchen equipment and furniture worth PHP 800 thousand.
Facilities Overview
We have a 300 sq. meter area, and the dining area is around 200 sq. meters. It is an open type of restaurant with a native ambiance.The lot rent per month is only PHP 13k and electricity and water will range up to PHP 10k/ monthly.
The seating capacity is for 50-60 pax.
Capitalization Overview
- The business is a sole proprietorship.- There are no investors, no loans or debts.
- We own 100% of the business.
Recent Activity
-
Earlier than 15 daysCaptain, Maritime Transportation, Split, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysMunicipal Planning And Development Coordinator, Repair And Maintenance, Ormoc, Individual Investor / Buyer connected with the Business
Tags:
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