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Listing ID: 14434 Last Refreshed: 12/06/2019 Total Views: 1144

Bar & Restaurant For Sale - One Of The Largest In Sanur Bali

Auckland - Auckland City

Asking Price: $1,300,000
Bar & Restaurant For Sale - One Of The Largest In Sanur Bali
  • Premise Type Commercial Street Premise Size 575sqm
  • Monthly Rental $0 Rental Desposit N/A
  • Revenue N/A Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established N/A
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
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Reason For Sale

Retirement

Description

This bar and restaurant established in 2012 on Sanur Bali’s premier entertainment strip is one of the largest in Sanur catering to tourists, local expats and families.

 

Current seating capacity of 200 (575 sqm), the business trades 7 days a week from 10 am until late and offers food, music, billiards, relaxation and since March 2019 has expanded into the sporting space with an addition of 12 large screen tv’s, a satellite dish and tv boxes.

 

Hosting Bali’s best bands nightly, breakfast, lunch, and dinner are offered at this bar and restaurant with a good selection of local and Western foods.

 

The leased premises has been paid up for 10 years in advance (value USD 550k) with an option to extend by a further 5 + 5 years ensuring no interruption to future business. This is extremely common in Bali.

 

This business boasts a 4.6 average rating over 1,000 reviews from TripAdvisor, Facebook, Google and local sites and is known as having the best nightlife in Sanur with many repeat customers.

 

Opportunities for growth exist including approved expansion of seating upstairs in an area of a further 200 sqm which will help overflow during peak times or to provide a separate themed section. Further opportunity exists to expand the menus and by opening earlier to lure more  customers during these currently off peak times.

 

This opportunity would attract experienced operators looking for an established business with opportunity for growth. All assets are included in the sale, and all licenses in place for the new owner to walk in, operate and grow.

 

Very few opportunities exist to buy a Bar and Restaurant of this size and growth potential in Bali so please contact us for detailed information.

 

Offered for sale at US$1.3m (includes prepaid lease USD 550k)

Ref NBI10025

 

Please contact Ratna or Steve for further information. 


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