Melbourne, Victoria 3000
Sports Bar- Bali- One of the bestNOTE - This business in in Bali- Indonesia.
Sports Bar & Restaurant
I have been fortunate enough to be engaged to list and sell one of Bali's better known and patronised sporting bars.
In the popular Seminyak- Legian region of Bali the business has operated successfully for 10 years, under the current ownership for 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 recognised 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 is supported by the fact the business turnover is excellent adding to that the vendor being realistic with what he is seeking for the business factoring in it is being sold with a 15 year prepaid lease.
* Great Location
* 15 year prepaid lease
* Management and Long serving staff
* Owner takes frequent holidays
* Consistently performs (even when tourism slows)
* Noting - Press release 5th July 2017- Bali is Booming:
Foreign arrivals to island up 23.7 percent in 2017
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.
YOU could expect to comfortably recoup your investment inclusive of the prepaid lease within 5 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.
Introductions and meetings with the seller for qualified buyers will will take place off site from 1st August - 8th August.
In seeking information it will be anticipated you are in a position to fully fund the purchase.
Contact me - Peter Hurrell, through the website to express your interest.
NOTE- Photos are not from the actual business.
Business SnapshotPrice: $1,400,000Trial: no
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This listing last updated: 16th Jul 2017