Singapore  Singapore

Sell a Business

Listing ID: 1277 Last Refreshed: 26/05/2019 Total Views: 13297

Profitable Indian Vegetarian Restaurant Business For Sale

Marine Parade

Asking Price: S$550,000
  • Premise Type N/A Premise Size 2400sqft
  • Monthly Rental S$4,000 Rental Desposit S$12,000***
  • Revenue S$50K - 100K Cash Flow S$50K - 100K
  • Gross Profit S$20K - 50K Net Profit S$10K - 20K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2000
  • Owner Role Full Time Staff 13
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
VIJI JAGADEESH JVKM CONSULTANTS PTE. LTD.

Reason For Sale

Owner is Retiring

Description



Well Established

Highly Reputed

Excellent Location

Highly profitable

Very good scope for improvements and expansion.

Excellent repeated and retained customer base.


The Owner Ran this business as Sole-Proprietorship for many years under the same banner, for the benefit of the buyers, he has recently converted the sole-proprietor business into a private Limited company.







Business Operation

Morning 7.30am to Night 10.30pm. All Days. Planning to close for two days monthly from 2015 ownards
Business Hour
There is absolutely no competition in the near-by vicinity. As this owners are established for many years and their reputation is unbeatable by the competitors.
Competition
Highly potential for Expansion. Can be Franchised out to get more and more passive income.
Expansion Potential
Full After sales Support and Training will be provided. Minimum three months guaranteed.
Supporting and Training
Passion for Food & Beverage industry, Knowledge of Indian Vegetarian Cuisine, experience in working or running small and medium Restaurant and Food catering business is an advantage.
Background & Skills

Property Information

Rent
Premise Status
36 months from 1st November 2012. Renewable in 1st week of October 2015
Lease Term
First and Second floor. First floor seated Restaurant. Second floor can be converted to function hall. Currently its a packing and storage use. highly potential to convert into a fine dine & cuisine.
Premises Details
Yes, it can relocate to other place
Relocatable

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