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Ocean View Bar And Grill, Echo Beach, Canggu For Sale

Canggu, Bali
Asking Price:
$190,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
Available on request

A perfect restaurant in the fast growing area of Echo Beach with ocean views.

Sports Bar & Restaurant with the best ocean view at the popular surfing area of Echo Beach.

The restaurant has recently been renovated and rebranded but has been operating for 5 years prior to this rebranding.

The seller is needing to be in Australia for family and is looking for a quick sale.

The bar/restaurant is in a well known surfing area that is becoming a most popular part of Bali with the Hotel Como recently opening and the Hotel Intercontinental scheduled for opening in the near future and many other popular businesses looking to move to the area.

There are facilities in place to watch major sporting events with the bar/restaurant having 5 TV's and room for a big screen. The bar also has a pool table.

A popular social media party is booked in for each Friday night with 50+ guests.

A 5 year pre paid lease is included in the price of the business. So no rent is needed for the next 5 years.

Quick Facts!
* Great Location
* 5 year prepaid lease
* Long serving staff in place
* Ocean Views
* 50 m from the beach
* Well known surfing area
* Fast growing popular area

In seeking information it will be anticipated you are in a position to fully fund the purchase.

Property information

Real Estate:

Lease

Lease Terms:

The lease is for 5 years with a 5 year option and the 5 years has been paid in full

Leasehold Rent:

$25,000 (USD) per annum

Location:

Ocean view, 50m from Echo Beach

Premises Details:

building and open area with bamboo roofing

Business Operation

Competition / Market:

There are a limited number of restaurants at Echo Beach

Reasons for selling:

Owner needs to be with family in Australia

Trading hours:

7am - 11pm

Employees:
7
Years established:
5 years

Other Information

Furniture / Fixtures value:
$30,000 (USD) - included in the asking price
Inventory / Stock value:
$1,000 (USD) - included in the asking price

Contact Information

    1. Your Address

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