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Listing ID: 772 Last Refreshed: 26/05/2019 Total Views: 22062

Thai Restaurant In Serangoon Ave 2 Neighbourhood For Takeover

Serangoon

Asking Price: Under S$50K
  • Premise Type N/A Premise Size 2000sqft
  • Monthly Rental S$0 Rental Desposit S$0
  • Revenue N/A Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE S$0 Established 2012
  • Owner Role Full Time Staff 0
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
Aaron

Reason For Sale

Owner Migrating Overseas

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 8.two.0.one.0.one.0.three

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 Operation

10am - 10pm
Business Hour
Support and Training provided.
Supporting and Training

Property Information

Rent
Premise Status

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