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