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Listing Id: 31359 Last Refreshed: 28/03/2024 1870 Views

Korean Restaurant Expansion Looking For Investors Giving Very Good Returns

Expired
Asking Price S$1M - 5M
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This listing is no longer active and is not accepting enquiries.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$100K - 200K
Gross Profit
S$20K - 50K
Net Profit
S$20K - 50K
Monthly Rentalt
S$22,000

Business Operations & Assets

Staff
16 Employee
Year of Incorporation
2010
Owner Role
Full Time
Premise Type
Shopping Mall
Premise Size
1500 sqft / 139 sqm
Rental Deposit
S$44,000
Premises Details
We are located at Heartland Mall at Kovan just beside Kovan MRT.

Business Details

Reason For Sale

We are looking for investors in order to expand our restaurant in order to open to franchise.

Description

We are an active Korean Restaurant called Hansik Korean Restaurant.
It is believed to be the 2nd oldest Korean restaurant in Singapore.
This restaurant is located in Heartland Mall. We have good customer turn out.
We have recently come up with our new menu and have added desserts.
Our dessert includes Korean Ice-Kachang and various delicacies.
We also have a variety of palatable cuisines including very popular barbecues.
Many people of all works of life come to dine in including Koreans.
Please google to see more details of our Hansik Korean Restaurant.
We are looking for an investment sum of $300,000 for our expansion.
We are willing to give 5% our dine in revenue.
This is a very attractive deal. Please call us at Tel : 9449.1865 to discuss the lucrative proposal.
We hope to hear from you, in order for you, to receive the very good opportunity in a very wise investment.
Thank you and best regards.
Hansik

Facilities

The is a good class Korean Restaurant with fully airconditioned kitchen.
The dining area has comfortable sitting place and can sit about 50 people at one time.
You may google to view more facilities in Hansik Korean Restaurant.

Competition

We do not face competition because the mall does not allow another Korean restaurant.

Expansion Potential

We have a great potential in expanding our business to franchise our restaurant.
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