Businesses For Sale in SingaporeSingapore

Listing ID: 14694
Total Viewed: 3487
Last Refreshed: 11/02/2019

Eighteen Chefs Franchise

Choa Chu Kang, Singapore

Asking Price : Available On Request

Revenue: Above S$1M

Cash Flow: S$500K-1M

Payable: Not Disclosed

Established: 2007

Gross Profit: SGD500K-1M

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD200K - 500K

Liability: Not Disclosed

FFE: SGD0***

Staff: Not Disclosed

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

***NOT included in asking price

Reason To Sell
Embarking on franchise model
Business Description

Eighteen Chefs is a social enterprise that serves a variety of quality western cuisine dishes at affordable prices.

BACKGROUND 
Founded by ex-offender Mr Benny Se Teo in 2007, Eighteen Chefs Pte Ltd is a social enterprise that serves a variety of quality western cuisine dishes at affordable prices. It engages youths-at-risk and ex-offenders through its on the job training, and has employed them across its outlets. Such employment of the beneficiaries makes up about 30% of its current staff strength. Eighteen Chefs adopts an innovative dining concept that allows customers to mix and match dishes and sauces in over 100 combinations. It also provides the customers a creative platform to do artwork on its restaurant walls. In addition, it has also embarked on unique service initiatives such as providing cooking classes during off-peak periods, as well as giving talks to schools and corporations as part of its community outreach programmes.

Eighteen Chefs is not just a local business; it is an enterprise with dreams to “save” those from the crooked ways. A platform for troubled youths and those with conviction backgrounds; providing them a safe and non-judgemental working environment… A chance for ex-offenders who wants to reform and are seeking employment that could be a start to something positive. 

We are looking for individuals who share the same vision of quality western cuisine dishes at affordable prices and providing disadvatanged groups a safe and non-judgemental working environment through franchising.

Awards 
2009 - Honoree - Spirit of Enterprise Award 
2010 - Simply Dining Award from Simply Dining 
2012 - Social Enterprise of the Year from President's Challenge 
2013 - Emerging Enterprise award from The Business Times and OCBC Bank. 
2015 - RAS Epicurean Star Award 2015 for Best Chain (Western) Restaurant and overall Best of the Best Chain Restaurant. 
2015 - SME One Asia Award

Training Overview: 
Initial and on-going training and support 18 CHEFS undertake: 
To provide initial training to staff of the Franchisee, covering various aspects of the Business and standard operating procedures;

To provide on-going training and training materials from time to time as deemed necessary by 18 CHEFS to improve the skills, product and equipment operating knowledge of the staff; 
To provide the Franchisee with on-going management, business development, operating and sales & marketing advice in connection with the Business, by telephone, fax, mail and electronic mail; and

To visit the Franchisee for the purpose of reviewing market development, actual performance, problem solving, budgeting, planning and transfer of new products and services, in connection with the Business.

18 CHEFS shall make available to the Franchisee any current and up to date improvements, enhancements or upgrades, which are incorporated to the Manual;

References 
1. "First S'pore social enterprise franchise". AsiaOne Business. 
2. Chi, Leisha (17 November 2014). "Former convict cooks up social change with restaurant chain - BBC News". bbc.com. Retrieved 3 September 2015. 
3. Lijie, Huang (14 April 2014). "Former drug addict cooking up social change, Food News & Top Stories - The Straits Times". straitstimes.com. Retrieved 3 September 2015. 
4. "Chef Benny Se Teo swaps a thug life for a kitchen knife - CNN.com". cnn.com. 3 January 2015. Retrieved 3 September 2015. 
5. HUANG LIJIE. "Former drug addict cooking up social change". The Straits Times. 
6. "Former convict cooks up social change with restaurant chain". BBC News. 
7. "HONOUREES 2009". 2359studios.com. 
8. http://www.asiaforgood.com/social-enterprises/eighteen-chefs-pte-ltd 
9. "2012 Award Winners". pc.org.sg. 
10. "2015's best local restaurants named at RAS Epicurean Star Awards". todayonline.com.

Potential franchisees must meet the following basic criteria: 
Share Eighteen Chefs Vision & Philosophy. 
Possesses entrepreneurial frame of mind with social responsibility. 
Able to meet financial and operative requirements. 
Positive energy to create and manage an organization under EIghteen Chefs corporate support.
Positive attitude, willingness to accept 'change' and trainability.

This is a franchise business for sale. For more details, please call William  or send a message to arrange for a non-obligation initial discussion.


Business Operations
Staff:
Not Disclosed
Property Information
Premise Status:
Rent
Premise Size:
0sqft
Rental Fee:
SGD0
Rental Deposit:
SGD0 (NOT included in selling price)
Lease Term:
0

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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