Business DescriptionNote this Business is in Bali.
Is 2019 the year for your sea change?! If so, then relocate to the tropical island of Bali with the purchase of this sports bar and restaurant and start living the dream!
Established in 2008 this international sports bar and restaurant now operates out of a wonderful old Joglo on a main road in Kerobokan, nestled between the busy areas of Canggu and Seminyak.
It is the main hub for the local expat community and boasts a loyal patronage as well as attracting tourists for regular weekly events & major functions.
Figures will show turnover is consistently on the rise in this rapidly growing area.
There is seating capacity for up to 90 people and 11 TV screens across 3 separate rooms for viewing. The large wooden Joglo’s allow for a flow of constant breeze and a feeling of spaciousness. There is a dedicated children's area to enable patrons to enjoy the hospitality, leaving their children enjoying themselves in a safe environment.
The asking price is very realistic given it includes a 100% Foreign Owned PT. PMA Company and all legal licenses to operate a restaurant/bar in Indonesia. The benefits of a PT. PMA Company in Indonesia extend far beyond operating this business and the structure is therefore highly sort after.
With this in mind, the business presents as a safe and suitable option for foreigners to purchase as it operates with all the legal paperwork in place.
The business is sold as a turn key operation:
• PT PMA Company & all relevant licenses
• All stock, plant & equipment, including total fit out of restaurant & kitchen
• Management/stock/accounting systems in place
• Lease prepaid to January 2022
• Web site & active social media platforms
• Support of loyal long term staff
Lease extension secured until 2032
Given the realistic expectation of the owners and the benefits of the Foreign Owned PT PMA Company and subsequent operating licenses, this business will sell quickly, so you will need to act now and express your interest.
Sale price $195.000AU- Negotiable. Inclusive of prepaid lease.
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Please note you will be required to sign a CA before any information is supplied. All photos are generic.