31/12/2023
π A well-run restaurant is like a winning baseball team. It makes the most of every crew member's talent and takes advantage of every split-second opportunity to speed up service. π³οΈ David Ogilvy
π Owning and operating a restaurant is a dream job for many aspiring entrepreneurs. It's a dream that may have been put on hold as the pandemic forced restaurants to halt indoor dining or even close their doors permanently.The effects of teh coronavirus are still being felt by restaurant owners across the country as the industry struggles to right itself. To whether the crisis, the foodservice landscape has adopted new restaurant trends and diversified revenue streams to meet the present challenge. Many believe that restaurant ownership is still within their reach.
π Factors to be considered when investing in a restaurant
π§© Invest in market research
π§© Create a proper restaurant plan
π§© Study your customers
π§© Financial capability to invest
π§© Talented staff members
π§© Navigating the competitive landscape
π§© Present unique menus
π§© Investing in the best location
π§© ROI on a restaurant investment
π Investment refers to the act of putting money into a financial or business venture with the expectation of earning interest or profit after a given time. When an individual or organization invests money, they are taking on some risk in the hope of earning a return. Investing in a restaurant involves putting money into a business that serves food and drinks to customers, with the assumption that their money will not only be returned to them, but multiplied, based on the success of the business.
π Timog Avenue is a street located in Quezon City within the Diliman area of northeastern Metro Manila, Philippines. It runs eastβwest through the southern edge of the barangay of South Triangle and used to be named in English South Avenue. The street is located in Quezon City's entertainment area, known for its restaurants, bars and karaoke and comedy clubs. It is also home to the GMA Network Center studios located on the avenue's junction with Epifanio de los Santos Avenue (EDSA). The street is designated as a national road, numbered N172.HistoryThe avenue forms the southern boundary of the formerly proposed 400ha Diliman Quadrangle within the former Diliman Estate also known as Hacienda de Tuason, purchased by the Philippine Commonwealth government in 1939 as the new capital to replace Manila. It was originally planned as the new city's Central Park housing the new national government buildings (the new Presidential palace, Capitol Building, and Supreme Court complex) within the 25ha elliptical site now known as the Quezon Memorial Circle. The quadrangle is bordered on the north by North Avenue, on the east by East Avenue, on the south by Timog (South) Avenue, and on the west by West Avenue. Designed by American city planner William E. Parsons and Harry Frost, in collaboration with engineer AD Williams and architects Juan Arellano and Louis Croft, the site was also to contain the 15ha national exposition grounds opposite the corner of North Avenue and EDSA (now occupied by SM City North Edsa shopping mall). The Diliman Quadrangle had been largely undeveloped for decades due to lack of funding. After several revisions, the government planners moved the city center to Novaliches due to its higher elevation. On April 24, 1964, the Quezon City council renamed streets in the area commemorated at the 11th World Scout Jamboree the previous year, it was to be renamed Boy Scouts Avenue, but the government disagreed, however the street eventually renamed Timog Avenue (Tagalog for South). By 1976, the country's capital had been transferred back to Manila with only the Quezon Memorial built in the former capital site.
π The goal as a company is to have customer service that is not just the best but legendary. π³οΈ Sam Walton
π± Korean Restaurant For Sale
π
Timog Ave., Quezon City
π«§ 136 sq. meters
π£ almost 2 years of operation
π₯ Details of the Business:
π£ Daily Sales Php 26k
π£ Monthly Net Income Php 376k
π£ Rent Fee Php 119,144.93
π£ Employees 7
π£ Employess Salary (minimum wages)
π£ Electric Bill Php 48,390.00
π£ Water Bill Php 40,070.00
π£ Expenses Php 238k
π₯ Inclusions:
π All restaurant fixture, equipment and kitchen utensils as well as cooking wares
π Mechanical and installed fixtures
π KItchen exhaust hood and spirals for exhaust and fresh air
π Fire protection/ water sprinklers
π Plumbing materials including wash sinks, grease trap and faucets
π Electrical main panel board, circuit breakers and 38mm strabded wire (85meters/6colors)
π POS/ Tablet from utak POS
π Gas line, detector and fire suppression unit
πAir conditioning unit including 2 outdoor unit at the motor with switches/ power outlets
π Signage panaflex
π Water proofing with torch
π Fiber optic from PLDT including wiring and tubes
π Permits license and registrations and applications and processing for change of ownership.
π Barangay and municipal business permit and clearances
π BIR registration
π Fire safety and health/sanitary certificate contract of lease from the admin/leasing departments
π Liquor legulatory permit
π Fire and CGL insurance worth 3.5 M
π Contract of lease from the admin/leasing department
π Revision or issuance
π§ Selling Amount
πΈ Php 4.5M
π Note
β‘ Within 7 months ofd operation, capital will be gain already
πͺΆ Reason of Selling
π΅οΈ Current owner is an OFW (migrating to other country)
π Why its is good to invest in Quezon City real estate?
βοΈ Quezon City, the largest city in Metro Manila is one of the Philippine's top investment destinations. It's main attractions, according to the local government are available land, a large consumer base and workforce and the simplified processing of business permits.
π Nearby places
π restaurant/ cafe
β¨ Tower Restaurant
β¨ Mrs. Grahams
β¨ Cafe I am Here
β¨ Army Navy Tomas Morato
β¨ Music Bank Family KTV & Restaurant
β¨ Alab Restaurant
β¨ Fleur de Lys
β¨ Ariake Japanese Cuisine
π hotel
β¨ Imperial Palace
β¨ Paradise Apartelle
β¨ Icon Hotel
β¨ Luxent Hotel
π shopping/ retail
β¨ Tomato Kicks
β¨ Poshmark Lifestyle Beauty & Wellness
β¨ Kids Company
β¨ Black Circles by Alice
β¨ 1009 V**e Lounge
β¨ POP UP Fashion Cafe
β¨ Meun Enterprises
β¨ Boutique Agendaz
π real estate
β¨ Quezon City Condominium
β¨ Viera Residences
β¨ Victoria Sports Tower
β¨ Annapolis San Juan Condominium
β¨ Maine City Property
β¨ Enclave Filinvest Heights
β¨ New San Jose Builders, Inc.
β¨ Insula Condominiums - West and South Insula
π food/ grocery
β¨ The Baker's Co.
β¨ Kamuning's Bakery Cafe
β¨ Gotohan sa Pilipinas
β¨ Bruno's Pansit Batil Patung sa Kamuning
β¨ Manang Colasa
β¨ Shutter Cafe
β¨ Ombu Kusina
β¨ CommunEaty Roces Food Hub
π Your business isn't going to be for everyone and that's okay but your business is going to be for a lot of people and that's who you keep showing up for.
π agent
β«οΈBianca Marie Cabrera
π² e-mail
β«οΈ [email protected]
β contact no.
β«οΈ 09310918011/ 09216053328
π viber/ whatsapp
β«οΈ 09310918011
π If you think hiring a professional ois expensive, wait till you hire an amateur.