Listing Id: 24828
                
                    Total Views: 2401
                
            
            
                
(Sold) For Sale - Bar And Restaurants With License
                Kuala Lumpur
                Date Closed: 22/02/2023
                Asking Price: RM280,000
            
            
                
                
                    
                        
                    
                    
                        
                            - Overview
- Reason For Sale
- Description
- Property Information
 
                    
                        Overview
                        
                            
                                - 
                                    Premise Type
                                    
                                    Commercial Street
                                
- 
                                    
                                        Premise Size
                                    
                                    
                                    2000 sqft / 186 sqm
                                
- 
                                    
                                        Monthly Rental
                                    
                                    
                                    RM10,000
                                
- 
                                    Rental Desposit
                                    
                                    RM33,000***
                                
- 
                                     Revenue
                                    
                                    RM35,000
                                
- 
                                    Liability
                                    
                                    N/A
                                
- 
                                     Gross Profit
                                    
                                    RM20,000
                                
- 
                                    Net Profit
                                    
                                    RM10,000
                                
- 
                                    Stock
                                    
                                    N/A
                                
- 
                                    FFE
                                    
                                    N/A
                                
- 
                                    Payable
                                    
                                    N/A
                                
- 
                                    Receivable
                                    
                                    N/A
                                
- 
                                    Owner Role
                                    
                                    Full Time
                                
- 
                                    Staff
                                    
                                    N/A
                                
- 
                                    Established
                                    
                                    N/A
                                
- 
                                    Source
                                    
                                    Direct Seller
                                
 
                     
                    
                        Reason For Sale
                        
                            Lack of funding
                        
                     
                    
                        Description
                        
                            For sale – Bar with liquor license, located in Chinatown. 
*Liquor license*: valid until September 2022, renewable.
 
*Bar location*: Jalan Sultan No. 21 China Town, Petaling 50000. Next to MRT station, concubine, and from chinatown entrance! 2 storey antique old building. 
 
Review: https://www.eatdrinkkl.com/posts/spotlight/quack-and-cluck-chinatown-kl
https://www.eatdrinkkl.com/posts/spotlight/tipsy-room-chinatown-kl
 
*Low operating cost*: cheaper rental compared to surrounding. 
 
Stock worth of 5k
Fully equipped in kitchen and bar
No debt with suppliers.