Business For Sale Listing 135502
Sanya's Most Elegant Italian Restaurant for Sale
Status as of Jan-6-2009 at 06:03 PM: Active
Business Summary
Your opportunity to buy the most charming and elegant Italian restaurant and lounge in Sanya (Hainan island).
Spanning about 530 sqm, very elegantly designed & decorated, with two separate areas of different atmosphere, the restaurant is located on the 2nd floor of a building which also features another successful restaurant and a very busy KTV.
Central riverside location with great view on the river and vicinity to shopping areas and other restaurants.
150 seats excluding the lounge sofas, fully operational kitchen, bar and office. The elegant lounge area doubles as an ample party/banquet area: great for conference dinners or for hosting tourist groups.
The restaurant is favored by all the local ex-pats, highly appreciated by tourists (25% Chinese, 30% European, 15% American, 30% Russian) and is featured on basically all web sites talking about Sanya and in various travel books.
Average spending: 130 RMB per person.
Parties average spending: 240 RMB/person.
Fully licensed, rent only 14,000 RMB/month.
Very low monthly operative costs (less than 30,000 RMB including everything: rent, fees, security and staff salaries).
The low rent and running costs allow to make profit even in the low season. In high season monthly costs are covered in few days of business operation. January profit was almost 100,000 RMB.
Support & training: we will help the new owner settle in and give all contacts for suppliers and services.
Furniture/Fixtures/Inventory value: 300,000 RMB; Stock value: 35,000 RMB.
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand ($140000) |
| Profits: |
Not Disclosed ($55000) |
| Profit Type: |
Not Disclosed |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $100 Thousand and $500 Thousand (Euro 50,000) |
