Businesses For Sale in SingaporeSingapore

Listing ID: 3660
Total Viewed: 2647
Last Refreshed: 19/09/2018

Hong Kong Style Restaurant For Sale

Singapore

Asking Price : SGD200

Revenue: SGD51,000

Cash Flow: SGD5K - 10K

Payable: Not Disclosed

Established: 2016

Gross Profit: SGD39,000

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD12,000

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 20

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

***NOT included in asking price

Reason To Sell
Owner moving back to Hong Kong
Business 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 Operations
Business Hour:
7am - 10pm
Preferred Skills:
None
Supporting and Training:
Yes
Staff:
20 Local
Property Information
Premise Status:
Rent
Premise Size:
600sqm
Rental Fee:
SGD4,100
Rental Deposit:
SGD8,200 (NOT included in selling price)
Lease Term:
4 years plus 4 years
Premises Detai:
Fully air conditioning Hong Kong style restaurants with 130 sitting capacity. Nicely renovated with full kitchen set up.
Other Information
Facilities:
Full restaurant facility
Competition:
Not many around that area
Expansion Potential:
Yes

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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