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Sports Bar- Bali- One of the best

$1,400,000

Melbourne, Victoria

Sports Bar- Bali- One of the best

NOTE - 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 business has great and consistent turn over and the vendor is being realistic with what they are seeking for the business factoring in it is being sold with a 15 year prepaid lease.

Fast Facts!
* Great Location
* 15 year prepaid lease
* Management and Long serving staff
* Owner takes frequent holidays
* Consistently performs (even when tourism slows)
* Profit and sales are well up for FY 2017 (calendar year in Indonesia)

2017 Profit $370.000+

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 4 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 STRICTLY by appointment

Contact me - Peter Hurrell, through the website to express your interest.

NOTE- Photos are not from the actual business.

Business Links / Tools

Last updated: 27th January 2018

Summary

Property Type
Business
Contract Type
For Sale
Location
 Melbourne
State
 Victoria
Price
$1,400,000
Category
  • Bars/Nightclubs
  • Catering
  • Food/Beverage

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Agency

Business Brokers Network

Contact

Peter Hurrell

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