Singapore  Singapore

Sell a Business

Listing ID: 3660 Last Refreshed: 07/05/2019 Total Views: 2997

Hong Kong Style Restaurant For Sale

Singapore

Asking Price: S$200
  • Premise Type N/A Premise Size 600sqm
  • Monthly Rental S$4,100 Rental Desposit S$8,200
  • Revenue S$51,000 Cash Flow S$5K - 10K
  • Gross Profit S$39,000 Net Profit S$12,000
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2016
  • Owner Role Full Time Staff 20
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
Francis Chan
Email Owner

Reason For Sale

Owner moving back to Hong Kong

Description

Selling Hong Kong style restaurant located in Guang Dong district. 


Fully set up , ready for takeover.


Owner spend, 1mil RMB in renovations and full kitchen setup. 


Currently restaurant has 20 staff, takeover will include staff , chiefs and all fixtures inside restaurant.


Owner is willing to stay behind 1-3 months to faciliate complete handover and impart all knowhows on restaurant management as a consultant role.


Restaurant monthly turnover Rmb250000

Monthly fix cost Rmb 190000

Profit per month Rmb 60000


Reasons for selling, owner moving back to Hong Kong due to looking after elderly Mother. 


For more info, plz call me at 83337373 cause I can't reply to any email enquiries due to non paying member. No option to reply if I don't pay :(

Business Operation

7am - 10pm
Business Hour
Full restaurant facility
Facilities
Not many around that area
Competition
Yes
Expansion Potential
Yes
Supporting and Training
None
Background & Skills

Property Information

Rent
Premise Status
4 years plus 4 years
Lease Term
Fully air conditioning Hong Kong style restaurants with 130 sitting capacity. Nicely renovated with full kitchen set up.
Premises Details
Email Owner
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