Listing Id: 29205
Last Refreshed: 18/09/2023
Total Views: 2311
(Expired)Master Franchise Opportunity For Thai Street Food Concept
Central AreaTake AwaysThai Restaurants
Asking Price: S$100K - 200K
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Shopping Mall
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Premise Size
200 sqft / 19 sqm
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Monthly Rental
S$5,500
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Rental Desposit
N/A
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Revenue
S$50K - 100K
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Liability
N/A
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Gross Profit
N/A
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Net Profit
S$5K - 10K
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
Looking for Master Franchisee
Description
A well known Thai brand is looking for a Master Franchisee in Singapore. The concept is authentic thai street food with multiple locations in Thailand and have track record of $100,000 revenue a month.
We have invitations from several prime shopping malls in Singapore and are looking for a suitable Master Franchisee Partner/ Investor who has the financial capability and experience to expand into suitable locations.
Concept
The concept is small scale, takeaway kiosk or a small store with some dine in capacity. The setup cost is low compared to a restuarant at around $30k - $50k. This allows franchisees to ROI quicker and help the brand expand faster. The Master Franchisee may directly open outlets and expand through franchising later.
Gross Margin is between 60% - 70% and an outlet should ROI within 7-8 months on average sales performance.
Support Provided
- Location Sourcing
- Staff Recruitment & Training
- Supply of Key Ingredients
- Marketing
The prospective Master Franchisee should have sufficient liquidity for opening multiple locations in the first 2 years as well as experience in the F&B industry. Interest parties may send an enquiry to request for a full presentation.