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Listing ID: 772
Total Viewed: 20611
Last Refreshed: 19/09/2018

Thai Restaurant In Serangoon Ave 2 Neighbourhood For Takeover (Sold)


Asking Price : Under SGD50K

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2012

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: SGD0***

Staff: Not Disclosed

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

***NOT included in asking price

Reason To Sell
Owner Migrating Overseas
Business 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

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 Operations
Business Hour:
10am - 10pm
Supporting and Training:
Support and Training provided.
Not Disclosed
Property Information
Premise Status:
Premise Size:
Rental Fee:
Rental Deposit:
SGD0 (NOT included in selling price)

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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