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Listing Id: 32377 Last Refreshed: 21/07/2024 712 Views

Award Winning F&B Establishment With Multiple Oulets & Over 50 Years Of History

Expired
Asking Price Price On Request
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
S$200K - 500K
Gross Profit
S$200K - 500K
Net Profit
S$20K - 50K
Monthly Rentalt
Not Provided

Business Operations & Assets

Staff
30 Employee
Year of Incorporation
1973
Owner Role
Full Time
Premise Status
Rent
Premise Type
Commercial Street

Business Details

Reason For Sale

Looking To Focus On Other Businesses

Description

We are an award winning chain of F&B establishments with multiple outlets across Singapore.

Reasons to Takover the Brand:
1. Successful business with ongoing operations ready to be taken over without any additional investment.
2. The brand has over 50 years of history, and has won multiple awards from notable food guides such as the Michelin Guide, Makansutra, Ctrip, and City Hawker Food Hunt.
3. There is still alot of potential for additional expansion, and continued strong growth is expected for the business over the next few years.

Financial Information
2024E
Revenue: ~ 4M
Gross Profits: ~ 2.5M
EBITDA: >500K

2025E
Revenue: ~ 6M
Gross Profits: ~ 4M
EBITDA: >1.2M

For more information, please contact Nick @ +65 8823 8485.
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