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Listing Id: 28020 Last Refreshed: 05/04/2023 2584 Views

Multiple Restaurant/Bar Chain For Sale; Highly Established And Profitable

Expired
Asking Price S$12,000,000
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This listing is no longer active and is not accepting enquiries.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$1M
Gross Profit
Not Provided
Net Profit
S$200K - 500K
Monthly Rentalt
Not Provided

Business Operations & Assets

Owner Role
Full Time

Business Details

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.



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