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Listing Id: 24910 Last Refreshed: 08/03/2022 777 Views

Koreaen Restaurant On The Main Street In The East Coast Road

Expired
Asking Price <span class='currency'>S$</span>120,000
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This listing is no longer active and is not accepting enquiries.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
S$20K - 50K
Gross Profit
S$20K - 50K
Net Profit
S$5K - 10K
Monthly Rentalt
S$8,300

Business Operations & Assets

Owner Role
Full Time
Premise Status
Rent
Premise Type
Commercial Street
Rental Deposit
S$16,600 Price Included

Business Details

Reason For Sale

Change of Business

Description

Well established unique Korean Restaurant facing main street and 

located near the V KATONG mall as well as just beside bus stop(2 story building).


We have operated 18 months, and have option to renew.

Currently 1 intern(WP), 1 Manager(LOC), 1 Server(LOC) and 2 part timers, and operating only for dinner hours(not for lunch)

I'm looking to let go my F&B empire to someone who is willing to bring the business to a whole new level or can extend more variety. 

Current manpower will also be handed over, so operation wise, it can carry on without struggle.


Revenue for the business is averagely monthly $35,000, with rooms for growth(Currently, lunch no operation, only dinner)

This takeover is suitable for newcomers to F&B, and also seasoned F&B operator who wishes to expand their lines of offering.

All the receipe will be given If necessary.


I am looking at the take over price is $120,000 which included $16,600 rental deposit, so it is around $100,000 in the end.


Contact 8322-6355 for more information

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