Reason To Sell
Chinese Restaurant for Takeover
Asking Price:$300K Furniture / Fixtures and Inventory / Stock included.
Since opening in 2016, the restaurant has regular clients and is packed during weekends and holidays dinner.
Located at an ideal location in IMM, Jurong East which has massive crowd throughout the week. Owner is looking to sell off the business due to time constraint and unable to concurrently run this business with other businesses.
Owner is looking for a takeover with staff and stock/supplies.
Lease is 2 years plus a 3 years option. Rental is $33,000
Operating hours is from 11.30 AM - 3 PM to 5.30 -10 PM pm
Total Employees including of chefs is 10
Cost of renovation and purchase is $500,000 and this is included in the asking price
Inventory / Stock Value is included in the asking price.
Fitted with the followings:
* Sitting area
* Kitchen equipments
* Nicely done up cafe with seating capacity of up to 82 pax.
* Full equipped kitchen.
* Existing fixtures for additional takeover at No Cost!
2nd Level next to the overhead bridge, 2,000 Sq ft. Located at a position with very high traffic. Very viisible from all round. Operational for 1 year.
- Brand new equipments
- Seafood and local food
Rental Deposit: SGD33,000 X 5 MONTHS inclusive GST. (NOT included in selling price) @5months
11.30 am - 3 pm and 5.30 pm to10 pm
SGD165,000 (NOT included in selling price)
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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