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Listing ID: 1036 Total Viewed: 810

Selling Of Restaurant


Asking Price : SGD500K - 1M

Revenue: SGD100K - 200K

Cash Flow: SGD20K - 50K

Payable: SGD80,000***

Established: 2010

Gross Profit: SGD20K - 50K

Inventory: SGD45,000***

Receivable: SGD50,000***

Owner Role: Full Time

Net Profit: SGD10K - 20K

Liability: SGD140,000***

FFE: SGD25,000***

Staff: 18

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

Reason To Sell
To invite experience Restaurant Operators to run
Business Description
Current restaurant is enjoying very good patronage from club members as well as regular customers.
In existence since 41/2 years ago, it has made a name for this restaurant with many Signature Dishes.
The restaurant is able to cater for events like weddings banquet, buffets, corporate events and other occasions. Have constant promotions, special offers and discounts to entice customers to come and dine.
Business Operations
Business Hour:
11am - 11pm with break from 3-5.30pm
Preferred Skills:
Preferably Experience in Running a Chinese Restaurant
Supporting and Training:
Govt's Culinary Support
4 Local, 9 Foreigners, 5 Part Time
Property Information
Premise Status:
Premise Size:
Rental Fee:
Rental Deposit:
SGD15,000 (NOT included in selling price)
Lease Term:
2+2 years
Premises Detai:
Glass paneled all round, half of the restaurant in the water. High ceiling with cosy decorations and with breathtaking views of the sea at 3 sides.
Yes, it can relocate to other place
Other Information
Kitchen equipment, furniture and stocks.
The competition in this business is always there. As it's a Chinese Restaurant with Seafood as one of the better selling items. Competitions are inevitable.
Expansion Potential:
The possibility of opening other branches or franchising is always possible.
Seller Financing Available:

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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