Businesses For Sale in SingaporeSingapore

Listing ID: 3984
Total Viewed: 5394
Last Refreshed: 19/09/2018

Cantonese Restaurant For Sale

Central Area

Asking Price : SGD3,200,000

Revenue: Above SGD1M

Cash Flow: SGD200K - 500K

Payable: Not Disclosed

Established: 2013

Gross Profit: Above SGD1M

Inventory: SGD25,000***

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD200K - 500K

Liability: Not Disclosed

FFE: SGD400,000***

Staff: Not Disclosed

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

***NOT included in asking price

Reason To Sell
Owners migrating to Europe
Business Description


A highly regarded and popular Chinese Restaurant is up for sale.  A combination of unique and delicious recipes and modern decor has catapulted us into not only the local newspapers, but also being featured in the New York Times.   


Our latest accolade is being recommended in the 2016 Singapore Michelin Guide.


In addition to the current outlet, we have 2 franchises currently in operation.  One is a full restaurant in Manila and the other is kiosk concept in Singapore.  There is huge potential for expanding within Singapore and Asia with the right business acumen.



Property Information
Premise Status:
Rent
Premise Size:
3500sqft
Rental Fee:
SGD16,000
Rental Deposit:
SGD48,000 (NOT included in selling price)
Lease Term:
3 + 3
Other Information
Expansion Potential:
Franchisees currently in operation in Manila and Singapore. Expressions of interests for Australia, Thailand and Vietnam has been received. High expansion potential in Asia and beyond.
Seller Financing Available:
Yes

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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