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Onion Restaurant & Bar in Sanur (Indonesia) gained a reputation as one of the Islands best and most popular bars, considered a must visit, underpinned by the many repeat customers and 1600 + followers on FB.
With seating for 120, the bar offers patrons many options including the Terrace restaurant and 2 internal bars. It featured regular live bands performing on a purpose built stage, 3 large billiard tables, television screens for the sporting minded and great meals.
The bar ceased operating in January 2018, a result of a partnership dispute, which was exacerbated at that time with the eruption of Mt Agung.
To purchase this business when operating at its peak, you could reasonably expect to pay $800.0000 ++.
The seller who is now working out side of Bali is extremely realistic in seeking $280.000 US WIWO
THE SALE INCLUDES
*10 Year prepaid lease ( the premises is a massive 700 sq Meters)
*All of the required licenses and permits to operate the business.
*A fully equipped kitchen, all that is required of the highest quality (est replacement value $150.000 - $200.000)
*All lighting, furniture, decor
* Smoker - 3 Burners and a warmer, custom built (Cost $12.000) .
*3 Murray full size billiard tables $3.000 new)
*7 large television screens
* Full live stage system
* CCTV - View remotely
NOTE- The seller has indicated annual income was in the region of $450.000++US
The sale of Onion Bar represents a fantastic opportunity for the smart operator to invest in growing Sanur for a very modest outlay when you consider the 10 year lease and all of the assets that are included which are to numerous to list.
You will need to act quickly to secure this opportunity, do so and there is no reason as to why you cannot be in the business for the upcoming holiday rush, noting the sale price is FIRM.
You will need to sign a CA (confidentiality agreement) before any additional information is supplied.
Real Property Included
Sanur- One of Bali's fastest growing tourist regions
A massive 700 Sq Mt
10 Year prepaid lease included in the sale price
Now working away from Bali
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