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RESTAURANT AND BAR SERVING WINE AND DINNER

RESTAURANT AND BAR SERVING WINE AND DINNER

Current Status Revenue Generating, Pre-Profit
Amount Invested RM150,000
Funding Required RM300,001 to RM600,000
Description SIP WINE AND BAR
Business Opportunity – wine buffet concept, paired with dishes
– also sells beer and bottles
– dj console available
Revenue / Business Model The commercial space is built between hotels ie, Qliq hotel and two residential codominiums
– current occupancy rate 75%
– can cater for at least sixty sitting people at one time
– competitive promotional prices
– only proper bar around
Management Team Manager / Bartender / Cashier / 2 floor staff / Dj ( including guest Dj )
Company Background Sip wine and bar has been running succesfully since July 2015. We have invested a total of RM 150,000.00 including renovations.
Gross sales is RM 60 – 70k per month, profit 20%
enlisted by citylist kuala lumpur, reviewed by the star newspaper
Funding Milestone Full sale of the bar for RM500,000.

20% allocation at RM300,000.
– TO INCREASE SEATING CAPACITY IN THE BAR TO 120 PAX
– TO INCLUDE A MEZZANINE FLOOR HOLDING DJ CONSOLE
– TO CREAT SPACE FOR A POOL TABLE

% Equity Allocation 20
Expected ROI 0.04
Risks and Mitigation Liscensing done
Exit Strategies Liquidating the shares at the market rate
Company Name Sip Wine and Bar
Website/Facebook http://www.sipbarkl.com
Business Address Lot G20, heritage lane, empire damansara
Contact Person Wishnu