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Listing ID: 1757861

Popular Bar / Pub In Shenzhen China For Sale

Central Walk Shopping Center, Sea World Shekou, and HuangGang areas for Shenzhen., Shenzhen, Guangdong, China

$ 500k to 1m

(Furniture / Fixtures and Inventory / Stock included)

Revenue: $ 500k to 1m

Cash Flow: $ 250k to 500k

Business Description

A 10 year old, successful bar, located in the heart of Shenzhen. Solely foreign owned & operated, fully licensed bars and restaurant in Shenzhen. This business is totally and completely free of debt, loans or any other financial responsibilities.

Surrounded by 6 international 5-star hotels and only minutes walk from the Shenzhen Convention Exhibition Center and from the modern and efficient Shenzhen subway. View of the ultra modern city center skyline and a luscious green public area. It is located in a busy shopping mall, but with direct outdoor access, indoor & outdoor seating, second-floor mezzanine.

The second venue is a bistro style venue, with seating for 30 people. Fully licensed bar and kitchen.

The third venue is a large live music venue, with capacity for 150-200 people. Fully licensed bar and restaurant, 5 piece rock/pop band, DJ booth, 4 meter LED screen, brand new lighting, and sound system. Plus many more upgrades.

This is an excellent investment opportunity for any person interested in opening a business in China, franchising, branding and expanding. This is a turn key business with various levels of support available during the first year of operation. Supplier introductions, staffing, introductions to the musicians of Shenzhen, events planners and more.

A package deal for all 3 venues preferred, will discuss individual sales in person for serious buyers.
For inquiries, contact us for more details.

Property Details

Size:

150 to 400 square meters

Years Established:

2007

Property Type:

Lease

FF&E:

$ 200,000

Inventory Value:

$ 15,000

Other Details

Business Location:

1. Futian District, Shenzhen. City Business District. 2. Sea World, Shekou, Nanshan District 3. HuangGang Village, Futian District All located in the city of Shenzhen.

Premise Details:

Approximately 150 square meters of seating, available seating for 50-60 customers, after 10:00 pm no noise restrictions on music, events or live entertainment. The entire restaurant has been rebuilt from the ground up in May-June 2016. Total and complete rebuild. The outdoor seating area is totally covered and has an overhead ceiling fan, individual lighting per table, and an amazing view from the balcony area. 20-meter lush trees and a walking park, plus 30-50 story modern hotels, brand new condominium buildings and offices building. A spectacular view day or night. Live music venue, 400 square meters of indoor space, with access to an outdoor area for special events such as weddings, company functions, and BBQ.s

Competition:

The property is located in a busy entertainment area. Many restaurants and nightclubs in the area. Spicy Chinese food, Vietnam food, fish and chips, pizza take away, Chinese music bar, a Korean BBQ, and a Starbucks.

Expansion Potential:

Expanding the property not possible as it is a rental. Branching out and franchising is certainly possible.

Planning Consent:

Planning consent is easily obtainable from the property management company. As long as you provide detailed plans, accurate drawings and deadlines.

Operation Details

Employees:

30

Trading Hours:

11:00am to 2:00am. But not mandatory.

Support & Training:

Training, supplier introduction and contract termination or transfer (if applicable), a licensing agent that can smoothly and easily walk you through the licensing process, referrals legal offices for foreigners, logistics referrals, guidance towards regulatory bodies governing this industry. Approximately a 2-4 week period if you follow the proper steps and do not postpone any documentation.

Relocatable:

Business Relocatable

Miscellaneous

Reason For Selling:

My responsibilities have changed in my family and professional life to take care of this business. Family duties and my other businesses have grown exponentially.

Contact this seller

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