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Listing Id: 34934 Last Refreshed: 20/01/2025 1822 Views

CHEAP! $200K BELOW VALUATION! RARE! PROFITABLE! FRANCHISE OPPORTUNITY!

Expired
Asking Price S$100K - 200K
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This listing is no longer active and is not accepting enquiries.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
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$24,000

Business Operations & Assets

Staff
6 Employee
Year of Incorporation
2023
Owner Role
Full Time
Premise Status
Rent
Premise Type
Commercial Street
Premise Size
2000 sqft / 186 sqm
Premises Details
Located at Circular Road, Prime Boat Quay area! Very good frontage!
High traffic of office crowd during lunch and Dinner crowd after office hours when colleagues, family and friends gather.

Business Details

Reason For Sale

Franchise Opportunity to grow the brand further in Singapore.

Description

CHEAP! UNDER VALUE!
FRANCHISE OPPORTUNITY!
KOREAN RESTAURANT!
4.5* REVIEWS!
POPULAR AND PROFITABLE BUSINESS!
RARE OPPORTUNITY!

Prime Boat Quay Location!
New Korean concept!
Operator owns more than 200 outlets in Korea,
Open for takeover/Franchise on the current outlet.
Expanding the business within Singapore.
Full Training and Support will be provided.
Good size of close to 2000 sqft including Outdoor recess area!
Superb frontage and location!
Currently in operation, come try the food!
Suitable for F&B owners or investors to continue on current business (franchise fees applies) or operate your own F&B concept.

Profitable Business!
Good authentic Korean Food!
Nicely renovated!
Fully fitted with all kitchen equipment, furnitures, fittings all done.
More than $400k spent on Business Set up!

Great office lunch time and dinner crowd.
Call/msg me now for more info.
Joel Choy
91705644

Facilities

Fully Equipped Kitchen. More than $100k spent on Kitchen setup alone! Total Renovation works and Furnitures costs more than $300k

Competition

Rare Korean Food Concept. Limited competition! Very few other Korean restaurants are operating this concept! Come and try the food and decide for yourself!

Expansion Potential

High potential for further growth. Currently 2 outlets in Singapore. More Franchise opportunities available as owner brand out to other concepts in the Korean F&B scene in Singapore.

Franchise

Yes, this is franchise business.
Can be discussed upon keen interest! More details will be provided on meetup. Full inspection of property and financials can be arranged.

Buyer Support & Terms

Support and Training

Full Training and Support will be provided. SOP is available! More details will be provided on meetup. Full inspection of property and financials can be arranged.
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