Singapore's No. 1 AI-powered business marketplace

Post Ad
NEW New AI tools: Listing analysis reports are now available on each ad. | Advertisers can use AI to write better titles and descriptions.
Learn more → ✕
Listing Id: 30140 Last Refreshed: 17/12/2023 1616 Views

Floating Restaurant Cum Fish Farm (One And Only In Singapore) Looking For New Owner

Expired
Asking Price S$1,500,000(Neg.)
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This listing is no longer active and is not accepting enquiries.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$0

Business Operations & Assets

Stock
S$300,000 Price Included
FFE
S$500,000 Price Included
Liability
S$250,000 Price Included
Staff
6 Employee
Year of Incorporation
2006
Owner Role
Full Time
Premise Size
53820 sqft / 5000 sqm
Premises Details
Floating fish farm cum restaurant off pulau ubin

Business Details

Reason For Sale

Owner retiring

Description

Floating Chinese style Halal restaurant come with fish farm for take over and has been operating for more than 16 years. Revenue of about S$1M annually and profitable. You can only find this one and only in Singapore.


The restaurant sits on a barge which can accommodate at least 60 pax, a fully equip kitchen, all serving utensils are in place.


The centre has a battery room and a prayer room and at the rear you can find our rest and relax coffee area overlooking the Pasir Ris shoreline. You can also catch the beautiful sunset from the restaurant area at the same time looking over Pulau Ubin.


Top of the restaurant are our solar panels charging the batteries and also 2 sets of generators providing power for the whole set-up.


Our barge also stores natural fresh water for non portable use.


We have cages big and small of over 20 sets for fish farming and currently rears around 30 tons of fishes. Our production annually is between 20 to 40 tons mainly sea bass, mangrove jack, snappers and etc..


We have 6 workers to look after this operation including the chef and second cook and will be transferred to the new owner. They stay in the farm which have ready accommodation for them. We can provide training / consultation for the new owner but basically the supervisor which is 1 of the workers will go to the the new owner with all the contacts needed.


This sale will also come with a 40 footer event boat with 2 x 150HP petrol outboard and toilet where the new owner can do chartering services around pulau ubin including BBQ on board.


Chartering of bum boat from Changi Point Ferry Terminal to restaurant link has been established.


There is also a second level hydroponic platform on the second level on the farm.


This deal is basically buy and operate immediately. Take a look and you will fall in love with this.

Owner is looking to retire.

Expansion Potential

Go into high technology farming for higher fish yield
This is supported by our government with the 30% 2030 self sustain vision

Buyer Support & Terms

Support and Training

Support, training and consultation can be provided

Background & Skills

F&B and fish farming
Important Disclaimer

Listing information is provided by the listing provider or their representatives and has not been independently verified by our platform. Users should verify all information and conduct their own due diligence before making any decision, payment or commitment.

All communications, agreements, transactions, disputes and claims are solely between the relevant parties.

Learn how to avoid scams

Just a moment... we are processing the request