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This business in Bali & one of the Best
In the popular Seminyak- Legian region of Bali the business has operated successfully for 11 years, under the current ownership for over 6 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 experienced consistent growth and turn over and the vendor is being realistic with what he is seeking for the business factoring in it is being sold with a 14+ year prepaid lease.
* Great Location
* 14 year prepaid lease
* Management and Long serving staff
* Owner spends little time in the business
* Consistently performs (even when tourism slows)
* Noting - Press release 5th July 2018- Bali is Booming:
As businesses of this nature rarely come on to the market in Bali, in particular in areas of the prominence of this business, the sellers is very realistic with his expectations, i am extremely confident the business will sell quickly.
Great Profit- Expect to recoup your investment in around 3 years, which makes it great buying when you do the sums, the lease being prepaid 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
Note - Photos are not from the actual business.
Profits 2018 FY Up Up (Financial Year December 2018) Profit for the first 5 months of the current years are also up significantly
Fully prepaid 15 year lease- Yes included in the sale price.
You could reasonably expect to recoup your investment in less than 5 years.
In the heart of Bali's most popular tourist destination
15 Years fully paid lease- Included in the purchase price. You could genuinely expect to recoup your investment within 5 years.
Numerous other bars and restaurants in the region, but this business has performed well and consistently even when tourism was reported to be slow.
Spend time with family and pursue other unrelated business interests
7 Days - Noting management in place, as such the owner does not work long hours.
You will need to have the ability to fully fund the purchase.
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