Listing Id: 28020
Last Refreshed: 05/04/2023
Total Views: 668
(Expired)Multiple Restaurant/Bar Chain For Sale; Highly Established And Profitable
Central AreaPUBsWestern Restaurants
Asking Price: S$12,000,000
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
Overview
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Premise Type
N/A
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Premise Size
N/A
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Monthly Rental
N/A
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Rental Desposit
N/A
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Revenue
> S$1M
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Liability
N/A
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Gross Profit
N/A
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Net Profit
S$200K - 500K
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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
Broker
Reason For Sale
Family Commitment
Description
Around 60 percent of "NEW" F&B establishment fail within the first year. 1 in 4 have been closing every year across all segments; hawkers, cafes to even high end fine dining restaurants. Whether its down to branding, location, manpower, operation, quality etc. The list goes on... . ..So why take the risk?
Takeover an established, profitable and well known Restuarant/bar Chain with over 10 outlets. Owner giving up due to family commitment. Ideal for expansion oversea.
Mulitple chain outlet including franchisee. Non Disclosure Agreement and POF required.
Call F&BSG 9690 0002 for more information.
Singapore
