Singapore  Singapore

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Listing Id: 1103 Last Refreshed: 26/05/2019 Total Views: 22628

(Sold) Profitable, Long Established Chinese Curry Store For Sale (20 Years)

BedokCoffee Shops and CafesFood Catering
Asking Price: S$50K - 100K
Business For Takeover
Look For Investor
Look For Partner
Tim Wong

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$8,500
  • Rental Desposit S$16,000
  • Revenue S$45,000
  • Liability N/A
  • Gross Profit S$10K - 20K
  • Net Profit S$5K - 10K
  • Stock S$5,000***
  • FFE S$20,000***
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 4
  • Established 1994
  • Source Broker
  • ***Inlcude in the selling price

Reason For Sale

2nd child arriving soon

Description

Good longevity
Fully-automated with POS, CCTV, full time staff
Can provide revenue statements of approx. $45k/month
Good frontage
Featured on TV and in articles/newspapers
Profitable, ROI in less than 1 year
Serious and motivated seller
Comes with all kitchen equipment and renovation

Business Operation

Daily
Business Hour
Yes, 2 weeks min
Support and Training

Property Information

Rent
Premise Status
2/3 Years; depending on arrangement w landlord
Lease Term
/

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