Singapore  Singapore

Sell a Business

Listing ID: 3984 Last Refreshed: 07/05/2019 Total Views: 8627

Cantonese Restaurant For Sale

Central Area

Asking Price: S$3,200,000
  • Premise Type N/A Premise Size 3500sqft
  • Monthly Rental S$16,000 Rental Desposit S$48,000
  • Revenue > S$1M Cash Flow S$200K - 500K
  • Gross Profit > S$1M Net Profit S$200K - 500K
  • Stock S$25,000 Liability N/A
  • Payable N/A Receivable N/A
  • FFE S$400,000 Established 2013
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Anthony Ung
Email Owner

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.



Business Operation

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.
Expansion Potential
Yes, seller financing is available.
Financing

Property Information

Rent
Premise Status
3 + 3
Lease Term
Email Owner
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