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Listing ID: 2440 Total Viewed: 1720

Popular Cajun American Seafood Restaurant For Sale/Takeover

Marine Parade, Singapore

Asking Price : SGD200K - 500K

Revenue: SGD50K - 100K

Cash Flow: Under SGD5K

Payable: Not Disclosed

Established: 2013

Gross Profit: Under SGD5K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Under SGD5K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 6

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

***NOT included in asking price

Reason To Sell
Need new management. Owner returning to regular work.
Business 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 Operations
Business Hour:
Mon-Fri: 11.30am-2.30pm, 6.30pm-10.30pm Sat-Sun:11.30am-10.30pm. Closed on Tuesday
Staff:
2 Local, 2 Foreigners, 2 Part Time
Property Information
Premise Status:
Rent
Premise Size:
1800sqft
Rental Fee:
SGD13,000
Rental Deposit:
SGD24,000 (included in selling price)
Lease Term:
1 year. Able to renew
Premises Detai:
Indoor air conditioned. along popular street with popular restaurants surrounding
Relocatable:
Yes, it can relocate to other place
Other Information
Facilities:
All kitchen equipment, furniture, Decoration, Bar equipment, cashier, toilet etc.
Competition:
More companies are opening similar concepts and are facing bigger companies as competition. but can be handled with good management and marketing.
Expansion Potential:
Owner not able to finance expansion but can definitely expand

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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