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Listing Id: 29914 Last Refreshed: 28/10/2023 Total Views: 794

Bistro Restaurant For Takeover

QueenstownFood and Beverage
Asking Price: Price On Request
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Other comMitments

Description

BISTRO RESTAURANT for takeover

💽 Establishment
👉🏼 June 2023

💽 Address of business operation
👉🏼 Oppsite Haw Par Villa MRT station

💽 Shop/biz operation :
👉🏼 monthly rental $44,670.60
👉🏼 subject to GST
👉🏼 approx 5,382 sqft
👉🏼 balance lease approx 2 years and 2 months
👉🏼 cost of renovation $1,000,000
👉🏼 renovated about half year ago

💽 Yearly estimated gross revenue
👉🏼 $3,600,000 (2023)

💽 Yearly estimated gross expenses
👉🏼 $2,400,000 (2023)

💽 Staff : 13
👉🏼 local - 8
👉🏼 foreigner - 5

💽 Operating hours:
👉🏼 Monday - Saturday
5pm to 1am
👉🏼 Sunday 5pm to 11pm

💽 Selling price - $1.35M negotiable
👉🏼 inclusive of
📍 brand name
📍 staff (if they are willing continue job with the new biz owner)
📍 customers data
📍 facebook/instagram/google account
📍 all fixtures, fittings, equipment & products inside the shop

👉🏼 not inclusive of
📍 rental deposits
📍 deposits for SP Services, telephone, wifi & other deposits


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