Established Seven-Restaurant Group With PIK Expansion Opportunity For Sale

Property Information

Real Estate:

Lease

Lease Terms:

The Bintang Laut PIK premises comprise approximately 1,892 sqm under a five-year lease. The commercial structure uses progressive revenue sharing: 5% of venue revenue during months 1–6, 6% during months 7–12, 7% during year 2, and 8% during years 3–5. Year 2 carries a minimum rental provision of IDR 105 million per month. An initial service charge of IDR 15,000 per sqm per month also applies and is modelled to escalate annually. Final renewal and extension terms are subject to agreement with the landlord.

Leasehold Rent:

$0 (USD) per annum

Lease Rent:

$0 (USD) per sq ft per annum

Living Accommodation:

no

Location:

The group operates seven active restaurant locations across Greater Jakarta, including Central Jakarta, West Jakarta, North Jakarta, Tangerang and Bekasi. The next flagship development, Bintang Laut PIK, is located at Pantai Kita PIK, Holy District, PIK 2, a premium waterfront destination with strong family, lifestyle, dining and leisure traffic. The multi-location footprint provides access to several major consumer markets across Greater Jakarta while the PIK 2 flagship is designed as the group's principal destination venue.

Premises Details:

The existing business operates from seven commercial restaurant premises across Greater Jakarta. The new Bintang Laut PIK flagship will occupy leased units HD-B1 and HD-B2 at Pantai Kita PIK, Holy District, with a combined area of approximately 1,892 square metres. The planned venue includes an approximately 400-seat seafood restaurant, 80 fishing seats, 30 non-gambling Play Club tables, commercial kitchen and food preparation facilities, event and community areas, customer facilities, and supporting operational infrastructure.

Size in square feet:

Approximately 20,365 sq ft

Planning Consent:

The current PIK lease documentation identifies the permitted use as Food & Beverage. The broader flagship concept also includes recreational fishing, a non-gambling Play Club, events and extended operating hours. Final written landlord approvals and applicable regulatory permissions for these additional activities are part of the project's pre-opening conditions and are being finalised before full operation.

Business Operation

Management type:

This business is owner operated.

Expansion Potential:

Significant expansion potential exists. The immediate growth project is Bintang Laut PIK, which will expand the existing seven-restaurant platform into an integrated food, fishing, entertainment and community destination. Future opportunities include additional restaurant locations, replication of the Bintang Laut destination format in other Indonesian cities, recreational fishing and competition venues, membership and loyalty programmes, corporate events, sponsorships, licensing of event concepts, and two digital applications for booking, competitions, memberships and community engagement. The flagship is intended to establish the operating model, customer data, SOPs and brand architecture required for future replication.

Competition / Market:

The restaurant and leisure markets in Greater Jakarta are competitive, with established seafood restaurants, family dining venues, fishing facilities and entertainment concepts competing for customer traffic. However, the market remains highly fragmented. Most competitors specialise in either dining, fishing or entertainment rather than integrating these activities within one customer journey. Bintang Laut's strategy is to differentiate through a multi-revenue ecosystem combining restaurant dining, recreational fishing, competitions, social gaming, events, memberships, community engagement and digital applications. The principal competitive risks are new destination concepts entering PIK, aggressive restaurant promotions, changing consumer preferences and execution complexity across multiple business formats.

Reasons for selling:

The owner is not exiting the business. A minority 30% equity stake is being offered to raise growth capital for the next stage of expansion. The investment will finance the development and launch of Bintang Laut PIK, including venue and fishing infrastructure, restaurant and kitchen equipment, working capital, pre-opening expenditure and digital platform development. The founder will remain actively involved and retain 70% ownership after the transaction.

Trading hours:

Seven existing restaurants operate daily according to their respective outlet trading schedules. The planned Bintang Laut PIK flagship is designed for extended daily operations, potentially up to 24 hours for selected activities, subject to final operational readiness, landlord approval and applicable regulations.

Employees:

80

Years established:

10 years

Other Information

Support & training:

The founder and existing management team can provide comprehensive operational support to the incoming investor, including restaurant operations, procurement and seafood supply-chain management, menu and kitchen systems, POS and reporting procedures, recruitment and staff training, customer service standards, marketing, community development and launch support for Bintang Laut PIK. Existing operating know-how, SOPs and management systems will remain within the business. As this is a 30% equity investment rather than a full management takeover, the existing management team is expected to continue operating the business following completion of the investment.

Financing available:

No seller financing is currently proposed. The transaction is structured as a direct equity investment of IDR 13 billion for a 30% ownership stake. The existing founder will retain 70% ownership following completion. The current investment model assumes no interest-bearing bank debt. Strategic co-investment structures may be discussed with qualified investors as part of the transaction process.

Furniture / Fixtures value:

$112,000 (USD) - included in the asking price

Inventory / Stock value:

$17,000 (USD) - included in the asking price

Business closed / Asset sale:

Yes