Businesses For Sale in SingaporeSingapore

Listing ID: 13517
Total Viewed: 1992
Last Refreshed: 19/09/2018

Chinese Restaurants Business For Sale

Central Area

Asking Price : SGD200K - 500K

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: Not Disclosed

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

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

Reason To Sell
Seller Has No Time To Manage The Business
Business Description

💽 2 outlets


💽 Business Outlets

❇️ Orchard area:

👉🏼 2015

 👉🏼 Approx. $400K renovation inclusive of equipment

👉🏼 Monthly rental - $40K 👉🏼 2200sf

❇️  Petir Road / Bt Panjang area 

👉🏼 2017

👉🏼 Approx. $400K renovation inclusive of equipment

👉🏼 Monthly rental - $38K

👉🏼 Approx. 2600sf


💽 Estimated yearly gross profit

- net lost $20K - $30K (past 1 year)


💽 Estimated monthly

gross revenue - $100K per month per outlet

 

💽 Estimated yearly - $1.2M per outlet


💽 Monthly total cost slightly above $100K per outlet 


💽 Any director fee

👉🏼 $10K


💽 How many directors in the company ?

👉🏼 2 


💽 Director’s involvement in the business 

👉🏼 minimum


💽 Staff :

👉🏼 local - 25 - 30

👉🏼 foreigner - 10 - 15


💽 Reason for selling 

👉🏼 Lack of time to manage the restaurants  due to other commitments 


💽 Open for joint venture with new investor ?

- No


💽 Selling price  - View to offer 


Thank you & blessings 




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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