Singapore's No. 1 AI-powered business marketplace

Post Ad
NEW New AI tools: Listing analysis reports are now available on each ad. | Advertisers can use AI to write better titles and descriptions.
Learn more →
Listing Id: 3984 Last Refreshed: 07/05/2019 9156 Views

Cantonese Restaurant For Sale

Expired
Asking Price <span class='currency'>S$</span>3,200,000
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Annual Figures
Revenue
&gt; S$1M
Gross Profit
&gt; S$1M
Net Profit
S$200K - 500K
Monthly Rentalt
S$16,000

Business Operations & Assets

Stock
S$25,000
FFE
S$400,000
Year of Incorporation
2013
Owner Role
Full Time
Premise Status
Rent
Rental Deposit
S$48,000

Business Details

Reason For Sale

Owners migrating to Europe

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.



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.

Buyer Support & Terms

Seller Financing

Yes, seller financing is available.
POA
Important Disclaimer

Listing information is provided by the listing provider or their representatives and has not been independently verified by our platform. Users should verify all information and conduct their own due diligence before making any decision, payment or commitment.

All communications, agreements, transactions, disputes and claims are solely between the relevant parties.

Learn how to avoid scams

Just a moment... we are processing the request