Singapore  Singapore

Sell a Business

Listing ID: 2389 Last Refreshed: 26/05/2019 Total Views: 11382

Well Established European Restaurant With Bar For Takeover

Central Area

Asking Price: S$200K - 500K
  • Premise Type N/A Premise Size 3000sqft
  • Monthly Rental S$0 Rental Desposit N/A
  • Revenue > S$1M Cash Flow N/A
  • Gross Profit S$500K-1M Net Profit S$200K - 500K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2009
  • Owner Role Full Time Staff 5
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Not inlcude in the selling price
Allen

Reason For Sale

Seller is moving back to home country to retire

Description

An extremely established & profitable European Restaurant with bar since 2009, in the CBD for takeover.

 

High volume of CBD lunch crowd and strong regular dining guests, including foreign royal families with private and corporate functions and events.

 

Excellent reviews by major travel and dining sites and bloggers.

 

Landlord is willing to sign a fresh new 3 + 3 years lease at a reasonable rent.

Business Operation

11am - 12am
Business Hour
Yes
Expansion Potential
Yes
Supporting and Training
Basic F&B knowledge
Background & Skills
Yes, seller financing is available.
Financing

Property Information

Rent
Premise Status
Landlord willing to sign a new 3yrs + 3yrs lease
Lease Term
Yes, it can relocate to other place
Relocatable

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