Summary
- Asking price:
-
$95,000
- Sales revenue:
- $35,000
- Net profit:
- $25,000
- Years established:
- We opened in June 2005
- Employees:
- We only have 1 employee and 4 part-time workers because my wife and I both work in the bar to do the most bits of work. But the next owners will undoubtable have many more.
Business description
Three floor building with living quarters, restuarant area and bar in Lijiang, China. Lijiang with over 4 million tourists a year is the most visited small town on the planet. The bar is the meeting point for all the local ex-pats and is featured on many web sites and in various travel books.
Property information
- Real Estate:
- Lease
- Lease terms:
- unbelievably reasonable terms. The contract is until 2012 and it's renewable.
- Living accommodation:
- The living accomadation is located on the third floor and includes 2 bedrooms, a living area, and bathroom.
- Location:
- we are on the egde of the old town which is the main tourist area.
Other information
- Expansion potential:
- There is huge potential in Lijiang. Particularly if you are English speaking. There is huge Chinese market to develop.
- Competition / Market:
- There are no other foreign bars in Lijiang. It's an oasis for the foreign individual and group tourists.
- Support & training:
- We will help the new owners settle in and introduce them to everybody they need to know.
- Reasons for selling:
- My wife and I intend to open a different business or more likely go aboard.
- Trading hours:
- 12.00 until late. We close on Mondays
- Financing available:
- no
- Furniture / Fixtures value:
- $20,000
- Inventory / Stock value:
- $2,000
- Related documents:
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