Indonesia

Sell a Business

Listing ID: 14306 Last Refreshed: 08/04/2019 Total Views: 26287

Restaurant with Great Frontage for Takeover高雅餐馆转租

Central Area, Singapore

Asking Price: S$600,000
  • Premise Type N/A Premise Size 3000sqft
  • Monthly Rental S$0 Rental Desposit N/A
  • Revenue S$Above 1M Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2006
  • Owner Role Full Time Staff 0 Full Time, 0 Part Time
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Not inlcude in the selling price
Goh
Email Owner

Reason For Sale

Owner is aging

Description

Rarely available heritage Chinese restaurant brand with paid-up of > S$1M comes with fully operational ready business with dedicated staff. 


Cozy restaurant with growing digital presence to appeal to younger consumers. Good size 3,000 sqft for 100-160 pax with private rooms available.


More than 250 recipes of Singapore Chinese favourite cuisine accumulated over many years, from local braised pork with soya sauce & bun, sambal kangkong, various prawns styles (cereal, kungpao etc.) to traditional Chinese Peking duck, roast chicken and specialty soups, and up market abalone, scallops, lobster dishes. 


More than 3,000 customers contact and building. Active facebook, google and website activities.


Continues to work on new business concepts. The business is generally self-running on a day-to-day basis with a full-time experienced restaurant manager.


Restaurant to be sold with no debt liability/no cash basis. Asking $800K-1M include Co's name, customers, recipes and staff. Takeover without brand name asking $600K minimum. Rental below S$19K/mth.


Owner is aging, and would love to find new owners with passion and energy to continue running and improving the business with the brand, but strictly optional.

Business Operation

Stable workforce with minimal management as owner aging; more can be achieved. Growing takeaways and deliveries. Capacity is available for more.
Expansion Potential

Property Information

Rent
Premise Status
well presented, no renovation expected as a going concern.
Premises Details
Email Owner
Your Name*
Mobile Number*
Email*
Message