Businesses For Sale in SingaporeSingapore

Listing ID: 14493
Total Viewed: 1345
Last Refreshed: 27/10/2018

Profitable And Well Known Thai Restaurant Plus Unique Kiosk Concept (Sold)

Central Area, Singapore

Asking Price : S$100,000

Revenue: S$500K-1M

Cash Flow: S$50K-100K

Payable: Not Disclosed

Established: 2016

Gross Profit: SGD200K - 500K

Inventory: SGD6,000***

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD100K - 200K

Liability: Not Disclosed

FFE: SGD40,000***

Staff: 11

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

***NOT included in asking price

Reason To Sell
Owner want to focus on overseas business
Business Description

Establish Thai Restaurant business for sales in Toa payoh Central ( 3 mins walk from Toa payoh mrt)


The restaurant consist of 50 seater and unique kiosk concept for take away of thai drinks. The concept of the restaurant is to provide traditional thai cuisine and unique thai drink to create a fusion in the product offering. 



The concept of the thai restaurant was to stand out from other competitor from the start, the owner have spend time to build the concept as well as established a strong foundation on operation. As a result the business have been profitable due date.


Below are the strong pointer of the business


1) in house sales - strong return customer and natural crowd on sales, 


2) delivery sales - the sale from delivery platform have been very profitable and consistent .


3) corporate event - the brand it self have been doing lot of corporate event and supplies drinks for client such as big corporate client and event agency. ( Providing drinks for their event, family day, product launch etc.)




The brand its self have established a strong presence in the social media platform


Facebook - 2k plus follower


instagram - 1,8-9k follower ( due the the popularity and instagrammable of the drink , we manage to achieve a lot of hashtag for the brand.


All follower and hastag are organic.




Potential on franchise and expansion:


The Kiosk concept it's been trade marked ( sales of business will come with it)


Potential on franchise and expansion on the right hands of the new owner.




Manpower:


All staff been well train and are self starter with responsibility. Head chef running the show on daily basis.




Information on location


Strong office and family crowd through out the day as huge work force from HDB hub,property and lawyer firm all around the area



Fixture:


All equipment for a kitchen and kiosk on good working condition and new table and chair purchase mid of the year.



Financial:


Company is running on a positive financial and average revenue for the year at the range of 700k-900k.



Included in the sales:


sales of the whole company pte ltd


nea license 


balance of lease contract ( deposit of rental not included in sale)


workers rental home contract and deposit.


cctv system


pos system


social media platform accounts.


2 week of walking through and hand over of business for the new owner,




Summany


The owner will be able to provide the financial statement and business process with interested buyer.

Business Operations
Business Hour:
11- 9pm dailiy
Supporting and Training:
2 weeks of full training if required.
Staff:
6 Local, 4 Foreigners, 1 Part Time
Property Information
Premise Status:
Rent
Premise Size:
600sqft
Rental Fee:
SGD12,000
Rental Deposit:
SGD24,000 (NOT included in selling price)
Lease Term:
1 year 5 months
Premises Detai:
consist of the main rental area and ORA
Other Information
Expansion Potential:
high potential to franchise or expand

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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