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Listing Id: 40283 Last Refreshed: 08/12/2025 Total Views: 22

🔥 Fire Sale: Authentic Chinese Restaurant 🔥 ✨ Real Worth Over $90K – Now Going For Just $65K!

Tanjong PagarAsian RestaurantsFood Catering
Asking Price: S$65,000(Neg.)
Business For Takeover
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Ananth Ramachandran

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  • Overview
  • Reason For Sale
  • Description
  • Business Operation
  • Property Information
  • Premium Buyer

Overview

  • Premise Type Commercial Street
  • Premise Size 1600 sqft / 149 sqm
  • Monthly Rental S$6,400
  • Rental Desposit S$6,800
  • Revenue N/A
  • Liability S$0
  • Gross Profit N/A
  • Net Profit N/A
  • Stock S$1,000
  • FFE S$20,000
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 5
  • Established 2019
  • Source Direct Seller

Reason For Sale

Going for masters degree to follow passion

Description

🍜 Key Highlights
Prime Location: Situated in a high-footfall area with excellent visibility.
Authentic Cuisine: Known for delicious, traditional Chinese dishes that keep customers coming back.
Fully Equipped Kitchen: Modern appliances, wok stations, refrigeration, and storage – all included.
Warm & Welcoming Dining Area: Comfortable seating, tasteful dΓ©cor, and ambiance that reflects Chinese culture.
Strong Reputation: Caters party orders, enjoys great reviews with repeat customers on platforms like FoodLine (mini catering), Grab, and Foodpanda, with a satisfied customer rating of 4.9.
Growth Potential: Expand delivery services, introduce catering, add new menu items, and seize the right time to invest to reap Chinese New Year reunion delivery sales.
🌟 Other Attracting Features
Existing company with more than 7 years of successful operation.
Suitable for newbies to F&B or entrepreneurs looking to expand their branches.
Cheaper rental compared to HDB food courts.
Remaining lease of 20 months – secure and stable rental terms.
Flexible setup – suitable for Chinese, Western, or fusion cuisines.
Proven festive demand: in 2025, achieved $8K in FoodLine mini catering orders during Chinese New Year.
Company has ready quota for 2 Malaysian workers and benefits from lower CPF contributions for local staff.
Company has ready-to-use Government PSG and other grants worth $30K, providing immediate support for upgrades and digitization.
πŸ“ˆ Why Invest?
Immediate revenue stream – no setup required.
Established brand recognition in the community.
Fire sale pricing makes this a high-value investment with strong upside potential.

Business Operation

Functioning Restaurant setup with 3 small and 2 large chillers, 3 fridge, 3 air con, 4 Chinese woks, utensils, storage containers etc.
SCDF Certified safety features, monthly pest control setup
Facilities
Only chinese restaurant in the street, need bit of marketing efforts to pull customers from nearby offices. Adding western may help in long term to attract customers with more choice to choose.
Competition
yes.
Expansion Potential
will be provided. will introduce to suppliers as all the order process are handled via whatsapp. Restaurant telephone number can be transferred.
Support and Training
Existing F&B experience in chinese. or western cuisines
Background & Skills

Property Information

Rent
Premise Status
until 2027 Oct
Lease Term
Shophouse, capable of 60 seater
Premises Details
Yes, it can relocate to other place
Relocatable

Premium Buyer

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