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Established Restaurant & Bar Plus Dual Residence Opportunity In Surigao City For Sale

Surigao City, Philippines
Asking Price:
$225,000 (USD) Furniture / Fixtures included
Sales Revenue:
Under $100K (USD)
Cash Flow:
$50K - $100K (USD)

This stunning beachfront property includes two dwellings and a profitable beachside restaurant/bar, complete with a seasonal white beach. Located in Lipata, Surigao Del Norte, this property offers:

- 5-minute walk to Lipata Port and 7-Eleven
- 11-minute drive to Surigao City Centre
- 18-minute drive to Gaisano Mall and CityMall
- 1 hour 30 minute ferry ride to Siargao Island from Surigao City.

Please contact us for more details.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Two Houses included in the sale:

*Smaller House* First Floor: - Living room - Kitchenette. Second Floor: - 1.5 Bedrooms - CR (hot shower, toilet, vanity basin) - Terrace with spectacular water views - Pathway access to the restaurant and beach

*Large House* First Floor: - Lounge area - Dining area - Kitchen - CR (shower, toilet, vanity basin) - Water views from most rooms. Second Floor: - 1 Large bedroom with enclosed balcony, water views, walk-in closet, and large CR (hot shower, toilet, vanity basin, laundry closet) - 1 Smaller bedroom with terrace and water views. Includes: - Satellite dish (Signal) - WIFI connectivity (PLDT)

Location:

Located on the beach with spectacular views of Surigao Strait and several islands from the restaurant and from both residential dwellings.

Premises Details:

*Included on the Property:* - 1 Small House (Double Story) - 1 Large House (Double Story) - 1 Operational Restaurant (120 seats) - 1 Double Lockup Garage

*Restaurant (Fully Licensed)* - 120 seats (15 tables) - Two CRs each with toilet and vanity basin - Freshwater shower - Lockup bar area with chiller and sink - Fully operational kitchen with fryers, stoves, sinks, and BBQ area - Lockup storeroom with freezer and chillers This property is a perfect blend of comfort, convenience, and profitability.

Don't miss out on this incredible opportunity enjoy this piece of paradise.

Business Operation

Expansion Potential:

Smaller house can be used for Air B&B

Competition / Market:

There are several restaurants in Surigao City with water frontage and/or water views but Beachcomber Bar & Grill is one of the only ones offering crystal clear water access. Also the residential inclusions are arguably the best in Surigao City.

Reasons for selling:

Coming from Sydney, Australia I am finding the Philippines coastal climate a bit hot so looking to relocate back to Australia, or somewhere in the Philippines in the mountains.

Trading hours:

10am to 12pm Tue to Sun
Closed Mondays

Employees:
6
Years established:
2

Other Information

Support & training:

Training can be provided if required although existing staff are hoping to stay on.

Home based:
This business can be run from home.