Add to Shortlist | View Saved Shortlist | Share Listing |Print Listing
Listing ID: 1036 Total Viewed: 810

Selling Of Restaurant

Singapore

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
Staff:
4 Local, 9 Foreigners, 5 Part Time
Property Information
Premise Status:
Rent
Premise Size:
7000sqft
Rental Fee:
SGD6,000
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.
Relocatable:
Yes, it can relocate to other place
Other Information
Facilities:
Kitchen equipment, furniture and stocks.
Competition:
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:
Yes

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.

Join Premium Buyer Now to Find More About The Business
Premium Buyer can view additional information on the business, including
  • Date business posted, and last updated
  • Total enquiries this business has had, and when last enquiry sent
  • Get the contact information for the business (if available)
Contact Seller
Your Name:
Your email
Your phone