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Bar And English School For Sale
Location Japan
Asking Price Range < $250K
Gross Revenues $110000
Net Profit / Cash Flow $45000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 4 - 5
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training On request.
Reason for Sale Owner is returning to Canada.
Description Bar and English school for sale in Numazu, Japan. The owner is moving back to Canada this April. Speak EZ Bar is a well established bar that serves beer, cocktails and food. It is located in the centre of Numazu city in Shizuoka Prefecture, Japan. It has been running since 2000. It is well known in the area and has a regular clientele of local Japanese and foreigners living in the area. Regular big nights include Salsa night and DJ Dance party night, but other parties and live music events get booked as well. The location is good, near the station and at a crossroads. A car park is conveniently situated opposite the bar.
Rent is 255,000 a month and the asking price is 6,000,000. This price includes all stock and bar furniture as well as a fully equipped kitchen with big oven, large fridge and 2 freezers. The bar itself has a big television and top of the range air condition unit. The bar has a website (speakez-bar.com) that is updated monthly.
Speak EZ English School is situated next to the bar in the same building and has 2 rooms and a reception area. The school uses a unique system that works very well for both students and owner. It is a convenient system where the students can book their lessons on-line and pay a monthly fee of 15,750 for up to 6 lessons a week. The potential is there to franchise this system and the possibilities are endless. At present there are about 25 students in this course. Also, there are some kids classes and a contract teaching Toyota engineers. The owner also does wedding ministerial work and could pass these jobs along as well if the buyer is interested. Rent for the school is 85,000 per month and the asking price is 5,000,000. The owner is willing to sell the bar and school together or separately. For further enquiries please contact the owner.
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