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New Bar & Restaurant In Rio De Janeiro For Sale

Botafogo, Rio de Janeiro
Asking Price:
$650,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1M - $5M (USD)
Cash Flow:
$50K - $100K (USD)

For sale: the newest bar, restaurant and nightclub in the Soho Botafogo area of Rio de Janeiro Brazil.

This business is great for a foreign buyer seeking to enter the Brazilian market or wants to purchase/invest in a Restaurant, Bar and Nightlife business in Rio de Janeiro. Buyer has the options to be involved in day to day operations or be a silent investor.

Buyer can easily remodel and open their brand

Opened for business in July 2017, is the the place to be for Single Professionals in the age range of 28 - 42 in Rio de Janeiro area of Zona Sul.

Designed by one of the best Architects and Designers of Globo TV, is one of the most Chic and well designed Houses in Rio de Janeiro nightlife. Featuring 2 Floors, Main Floor for Dancing, eating and mingling and Upstairs for VIP parties and reservations, there is space for everyone.
Outside features a secured Patio segregated by Plants and a mosaic design on the Right corner wall.

With see through windows and doors, clients can relax, drink and eat outside and still be part of the festivities inside the House. With 2 Bars and Fully functioning Kitchen, Drinker provides Top quality Sushi delicacies, Brazilian Food and our in House Chef Inspired Dishes that have garnered great reviews.

Our weekly schedule and activities are diverse and fun for all sorts of Music Lovers

- Monday - Closed
- Tuesday - Live Show & Happy Hour - Music Popular Brazil, or famously known as MPB.
- Wednesday - Live Sertaneja (or Brazil Country Music) now very popular featuring Live Band and Happy Hour
- Thursday - Live Rock Band & Happy Hour
- Friday - Party Night featuring Guest DJ
- Saturday - Saturday Night with promotions and In House DJ
- Sunday (During Summer in Rio) - Live Samba Band + Guests

The bar has a capacity of 300 people, though we have reached 400. Fully Functioning Kitchen, Dedicated Sushi Man Separate from Kitchen, Foreign Trained Bartenders offering best drinks and 10 Staff and Waitresses.

Has the future expansion opportunity of opening during the Day as a Restaurant and Happy Hour catering to commercial workers in the Area.

In addition, we will begin marketing to the Tourists and visitors seeking great night life in Rio de Janeiro all year long. We are in the process of registering our business on Trip Advisor to as a great marketing channel for Brazilian Tourists and Foreigners.

The business is also rented for Private parties, Music Video Shoots, Shows and other events. We provide all drinks and food and is a great way we earn extra revenue.

Our business has received great reviews from Food Blogs in Rio de Janiero. You can use Google Translate to read the reviews by top bloggers in Rio de Janeiro.

REASON WE ARE SELLING: End of Partnership

PROCESS OF SALE:

For more information, please feel free to contact us.

Property information

Real Estate:

Lease

Lease Terms:

5 Year Lease started in 2017 with additional 5 years extension.

Leasehold Rent:

$85,000 (USD) per annum

Location:

Botafogo, Rio de Janeiro - RJ. Main Road with Bars, restaurants, homes and commercial buildings

Premises Details:

Located at the bottom of a High Rise Residential Building. House has 2 Floors, full Kitchen, Sushi area, bar areas, bathroom, storage area, offices.

Planning Consent:

All certification's from the government are available

Business Operation

Expansion Potential:

Can open as a Sushi Restaurant during the day for Commercial Buildings in the area
Happy Hour programs for Commercial Businesses in the area
Tourist attraction for Tourists visiting and staying in Ipanema, Lagoa, Copacobana. 10 minutes drive
House is rentable for Productions, Shows and private events

Competition / Market:

Bars, Restaurants in Humaita Cobal and Botafogo

Reasons for selling:

Disagreement with Partners about vision of Business

Trading hours:

Tuesday 7pm - 2am - MPB Night with Live Band
Wednesday 7pm - 2am - Sertaneja Night with Live Band
Thursday - 7pm - 2am - Rock Night with Live Bands
Friday - 7pm - 4am - happy hour with Guest DJ
Saturday - 7pm - 4am - Saturday Night parties with In House DJ
Sunday (every 2 weeks) - Samba da Humaita - Live Samba Band

Employees:
13
Years established:
2017

Other Information

Support & training:

3 Month Training from Operating Partners to assist new owner

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