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Listing ID: 2307 Total Viewed: 4

Profitable, Long Established French Restaurant For Sale (Sold)

Kallang/Whampoa, Singapore

Asking Price : SGD300,000

Revenue: SGD1,020,000

Cash Flow: SGD200K - 500K

Payable: SGD0***

Established: 2010

Gross Profit: SGD720,000

Inventory: Not Disclosed

Receivable: SGD0***

Owner Role: Full Time

Net Profit: SGD260,000

Liability: SGD0***

FFE: Not Disclosed

Staff: 11

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

***NOT included in asking price

Reason To Sell
Retirement
Business Description

Well known french restaurant for sale, owners migrating/retiring.


Good frontage, good reputation and longevity. Annual revenue of $1,020,000, with nett profits of $260,000 yearly.


Capable staff and chef, with ROI of 1 year therebouts. Serious and motivated seller.


Please contact Tim for more information.

Business Operations
Supporting and Training:
Yes, 3-4 weeks
Staff:
1 Local, 3 Foreigners, 7 Part Time
Property Information
Premise Status:
Rent
Premise Size:
1500sqft
Rental Fee:
SGD9,000
Rental Deposit:
SGD17,000 (NOT included in selling price)
Lease Term:
2+2
Relocatable:
Yes, it can relocate to other place

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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