Listing Id: 31017
Last Refreshed: 24/02/2024
Total Views: 3111
(Expired)Fully Renovated/Fitted Out Restuarant For Takeover And Sale (Super Prime Location)
Central AreaKorea Restaurants
Asking Price: S$200K - 500K
Business For Takeover
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- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
Commercial Street
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Premise Size
4000 sqft / 372 sqm
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Monthly Rental
S$60,000
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Rental Desposit
S$180,000
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Revenue
S$240,000
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Liability
S$0
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Gross Profit
S$20,000
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Net Profit
S$20,000
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Stock
S$0
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FFE
S$1,200,000***
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Payable
S$0
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Receivable
S$0
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Owner Role
Full Time
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Staff
5
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Established
2000
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Source
Direct Seller
Reason For Sale
Return to Korea
Description
Currently, Korean restaurant with full kitchen fitted out.
Renovation worth 1.5M with vendors receipt to prove.
Takeover all existing fixtures.
1st and 2nd Level unit at Tanjong Pagar Road with 2000sqft Dinning area, open concept kitchen, Dumbwaiter, 10 private room with fully furnished air- condition.
Suitable for Korean BBQ, Buffet, Hotpot and Restaurant service.
Referral fee will be provided if agents are able to get a suitable tenant with takeover with the right profile.
Large savings on Kitchen equipment's, aircon fiting, Kitchen equipment and exhaust.
Whatsapp:
Joseph @92372739
Business Operation
Kitchen Equipment
Large Marble Slab Renovation
Full Mechanical Ventilation
New Fire safety Alarm and Panel
Expensive Marble table and fittings
12 Fully operational Ceiling Air-condition
Facilities
Will be providing training if necessary.
Support and Training
Property Information
New Lease with Owner
Lease Term
Prime area at Tanjong Pagar road, 3 Storey Shop house unit
Premises Details
Yes, it can relocate to other place
Relocatable