Singapore  Singapore

Sell a Business

Listing ID: 2440 Last Refreshed: 07/05/2019 Total Views: 11212

Popular Cajun American Seafood Restaurant For Sale/Takeover

Marine Parade

Asking Price: S$200K - 500K
  • Premise Type N/A Premise Size 1800sqft
  • Monthly Rental S$13,000 Rental Desposit S$24,000***
  • Revenue S$50K - 100K Cash Flow Under S$5K
  • Gross Profit Under S$5K Net Profit Under S$5K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2013
  • Owner Role Full Time Staff 4
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
Eldric Chew
Email Owner

Reason For Sale

Need new management. Owner returning to regular work.

Description

One of the first few restaurant in Singapore to open, We have been serving Cajun American Seafood in a bag and more to the people of East Coast Rd for 2 years. 

East Coast Rd is the eating street of Joo Chiat and We are the only seafood in the bag restauant along that stretch. 

Recipe and all of the restaurant is included for takeover. Owner will provide 1-2 free months to work with new owner to handover full details for smooth takeover.


Takeover of unit also available. Open for Negotiation.

Business Operation

Mon-Fri: 11.30am-2.30pm, 6.30pm-10.30pm Sat-Sun:11.30am-10.30pm. Closed on Tuesday
Business Hour
All kitchen equipment, furniture, Decoration, Bar equipment, cashier, toilet etc.
Facilities
More companies are opening similar concepts and are facing bigger companies as competition. but can be handled with good management and marketing.
Competition
Owner not able to finance expansion but can definitely expand
Expansion Potential

Property Information

Rent
Premise Status
1 year. Able to renew
Lease Term
Indoor air conditioned. along popular street with popular restaurants surrounding
Premises Details
Yes, it can relocate to other place
Relocatable
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