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Listing Id: 33145 Last Refreshed: 15/10/2024 460 Views

Profitable Business For Sale

Expired
Asking Price S$500K - 1M
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This listing is no longer active and is not accepting enquiries.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$200K - 500K
Gross Profit
S$20K - 50K
Net Profit
S$20K - 50K
Monthly Rentalt
Not Provided

Business Operations & Assets

Staff
16 Employee
Year of Incorporation
2013
Owner Role
Full Time
Premise Status
Rent
Premise Type
Commercial Street

Business Details

Reason For Sale

Moving to Hometown

Description

Dear All,
I would like to sell my profitable business and looking forward to moving out of Singapore after 30 years. This is great journey in Singapore.
Its economy Indian restaurants of profit of 30k to 45k profit per month.
Selling with ACRA Company and Licenses (SFA (2) and Liquor licenses (2) ) with 2 Outlets and both in Little India.
3 PRs, 1 EP, 2 S-Passes, 2 NTSs Permit, 4 Work Permits and 4 Student Passes - in total 16 Resources all are working with us for more than 3/4 years.
Turn over 200 to 220k / Month and profit margin of 20 to 25% to around 40 to 45k per month.
Both Shop rental @ $ 12,300 and 14000 $ (And deposit of 24,600 + 28,000 with the landlord)
Additional income of rental on the 2nd floor of $5000 and you can stretch to $8000 moving forward.
Planning to close after Deepavali festival.
Please call me. Dont send enquire and Whatapp me for quick discussion.


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