Singapore  Singapore

Sell a Business

Listing ID: 14493 Last Refreshed: 26/05/2019 Total Views: 8558

Profitable And Well Known Thai Restaurant Plus Unique Kiosk Concept

Central Area

Asking Price: S$100,000
  • Premise Type N/A Premise Size 600sqft
  • Monthly Rental S$12,000 Rental Desposit S$24,000
  • Revenue S$500K-1M Cash Flow S$50K - 100K
  • Gross Profit S$200K - 500K Net Profit S$100K - 200K
  • Stock S$6,000 Liability N/A
  • Payable N/A Receivable N/A
  • FFE S$40,000 Established 2016
  • Owner Role Full Time Staff 6
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

Reason For Sale

Owner want to focus on overseas 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 Operation

11- 9pm dailiy
Business Hour
high potential to franchise or expand
Expansion Potential
2 weeks of full training if required.
Supporting and Training

Property Information

Rent
Premise Status
1 year 5 months
Lease Term
consist of the main rental area and ORA
Premises Details

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