Singapore

Sell a Business

Listing ID: 15416 Last Refreshed: 25/04/2019 Total Views: 2555

Popular Thai Restaurant For Sale / Takeover!

Bishan

Asking Price: S$300,000
  • Premise Type N/A Premise Size 1400sqft
  • Monthly Rental S$9,900 Rental Desposit N/A
  • Revenue N/A Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2014
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Not inlcude in the selling price
Email Owner

Reason For Sale

Owner is leaving Singapore

Description


Ever thought of being a boss of a restaurant? Here is your chance. The owners of popular Thai restaurant along Thomson Road looking to sell the restaurant together with the business. The restaurant is situated at the popular food street of upper thomson, situated near the up and coming thomson line MRT station that is slated to open on 2020. The area serves a community of private and HDB residences. The completion of Jadescape in 2022 will also boost the foot traffic in this area.


The restaurant was established in 2014, and was featured in various popular social media food sites, and have been consistently growing in popularity and regular customers. Serving a wide array of Thai food item, including drinks and desserts (Such as Thai Milk Tea Soft Serve & Coconut Soft Serve). You will be taught the recipes of all the items in the menu, which will allow you to expand and grow the business beyond this 1 restaurant. The restaurant also have a both F&B and alcohol license set-up for ease of takeover.


Takeover Fee include:

- Business Brand
- Food Recipe
- Staff & Manpower
- Lease

- Furniture & Fittings

- Inventory & Stock Balance

- Company

- Social Media

- Licences


The Owners are seeking a takeover fee of $300K. The only request is for the party taking over, to keep all existing staff for at least 6 months. Do contact us if interested.

Property Information

Rent
Premise Status
2+2
Lease Term
RARE F&B License in the area. No more new F&B License granted in this vicinity.
Premises Details
Yes, it can relocate to other place
Relocatable
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