Listing Id: 772
Last Refreshed: 26/05/2019
Total Views: 22711
(Sold) Thai Restaurant In Serangoon Ave 2 Neighbourhood For Takeover
SerangoonCoffee Shops and Cafes
Asking Price: Under S$50K
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
S$0
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Rental Desposit
S$0
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Revenue
N/A
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
S$0
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
0
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Established
2012
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Source
Direct Seller
Reason For Sale
Owner Migrating Overseas
Description
Thai Restaurant for Takeover as owner migrating overseas. in neighbourhood of Serangoon Ave 2. Good catchment of residents (HDB, CONDO, HOUSES), schools (Secondary, Primary, Nanyang JC, Australian International School). Next to 7-11. In row with other restaurants/coffee-shops.
Grade A Rating (NEA). Class 2 Liquor Licence.
Running for 7 months. Good client base. Now also running Ala-Carte Buffet promotion.
Potential to expand concept to include Thai Mookata and Steamboat, or even include Chinese Zhe-Char.
Now open for lunch and dinner only. Potential for breakfast business, to include Noodles or Dim-Sum.
Fully equipped stainless kitchen for chinese or asian cooking (big flame stove).
Nice layout and funishings.
Authentic Thai Chef and Thai Restaurant Manager.
Company with CPF track record and MOM registration available if needed (at separate cost). Staff can be taken over also to continue.
Low Take-over Fees of $38k if quick deal. mythairesto at yhcm or 8.two.0.one.0.one.0.three
Premises is two-storey HDB unit (private owner). 2nd floor unit has 3 bedrooms and two bathrooms (master room attached), fully aircon. Now used for staff residence and store-room. Can be rented separately.
Restaurant ground floor unit about 1200 sq ft. Can be aircon on co-sharing basis with landlord (50:50).
Total Rental: $13k.
Business Operation
Support and Training provided.
Support and Training
Singapore