Singapore  Singapore

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Listing Id: 2389 Last Refreshed: 26/05/2019 Total Views: 12046

(Sold) Well Established European Restaurant With Bar For Takeover

Central AreaPUBs
Asking Price: S$200K - 500K
Business For Takeover
Look For Investor
Look For Partner
Allen

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  • Overview
  • Reason For Sale
  • Description
  • Business Operation
  • Property Information

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$0
  • Rental Desposit N/A
  • Revenue > S$1M
  • Liability N/A
  • Gross Profit S$500K-1M
  • Net Profit S$200K - 500K
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 5
  • Established 2009
  • Source Direct Seller

Reason For Sale

Seller is moving back to home country to retire

Description

An extremely established & profitable European Restaurant with bar since 2009, in the CBD for takeover.

High volume of CBD lunch crowd and strong regular dining guests, including foreign royal families with private and corporate functions and events.

Excellent reviews by major travel and dining sites and bloggers.

Landlord is willing to sign a fresh new 3 + 3 years lease at a reasonable rent.

Business Operation

11am - 12am
Business Hour
Yes
Expansion Potential
Yes
Support and Training
Basic F&B knowledge
Background & Skills
Yes, seller financing is available.
Seller Financing

Property Information

Rent
Premise Status
Landlord willing to sign a new 3yrs + 3yrs lease
Lease Term
Yes, it can relocate to other place
Relocatable
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