Singapore
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Overview
Financial Performance
Revenue
S$250,000
Gross Profit
S$150,000
Net Profit
S$30,000
Monthly Rentalt
S$40,000
Business Operations & Assets
Staff
17 Employee
Year of Incorporation
1981
Owner Role
Full Time
Premise Type
Shopping Mall
Premise Size
16000 sqft / 1486 sqm
Rental Deposit
S$120,000
Business Details
Reason For Sale
Business Owner Retirement
Description
42 years History , branded Chinese Restaurnat for takeover due to the retirement of Business Owner, The unit is with a size of approx. 16,000 sq.ft. and currently serve many tourist group/ company and family event and othe groups of client , kitchen comes with cold room/chiller room and Duck Toast kitchen , ideal for Local or Overseas purchase for business expansion/ immigration / brand awareness / Investment .
It is centralised location near Orchard Road, with long term good relationship with property owner , asking price at S$2.8Million Negotaible (price not inclusive of Security Deposit ), call or sms /email for NDA and further discussion .
It is centralised location near Orchard Road, with long term good relationship with property owner , asking price at S$2.8Million Negotaible (price not inclusive of Security Deposit ), call or sms /email for NDA and further discussion .
Facilities
Branded name of 42 years , well established customer's base , large size and stable operation
Competition
Current business owner did not input time and effort for new technologies of marketing and online booking
Expansion Potential
High expansion potential for wedding/tourist/ corporate event and other group dinning experience .
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