Singapore  Singapore

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Listing Id: 2440 Last Refreshed: 07/05/2019 Total Views: 11891

(Expired)Popular Cajun American Seafood Restaurant For Sale/Takeover

Marine ParadeTake Aways
Asking Price: S$200K - 500K
Business For Takeover
Look For Investor
Look For Partner
Eldric Chew

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$13,000
  • Rental Desposit S$24,000***
  • Revenue S$50K - 100K
  • Liability N/A
  • Gross Profit Under S$5K
  • Net Profit Under S$5K
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 2
  • Established 2013
  • Source Direct Seller
  • ***Inlcude in the selling price

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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