Singapore  Singapore

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Listing Id: 26713 Last Refreshed: 13/11/2022 Total Views: 181

(Expired)Profitable Restaurant For Sale With Huge Potential For Growth

Ang Mo KioPizza Restaurants
Asking Price: S$300,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner
Francis Lee

Overview

  • Premise Type Neighbourhood
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Direct Seller

Reason For Sale

Personal reason

Description

This is a single outlet casual dining restaurant serving Italian pasta and pizza with dine-in, takeaway and delivery service.
A profitable business and established in the same location for about 12 years. The food has been featured in TV, major newspapers, magazines, blogs etc.
The rental of the shop is low and could even be lower than most food stall rental in coffeeshop.

This business is pandemic proof with main focus currently on online business.
Currently the revenue from online delivery is about 60% to 70%.
Before pandemic, we have the catering team that provide catering service to households, office, church events etc.

This business is highly scalable with huge potential for further growth into the following areas.
(1) Expanding the dining as currently the dine-in capacity is under utilized.
(2) Expanding the delivery service to bigger radius or islandwide.
(3) Restart the catering service from own team.
(4) Expand the catering service by partnering with online platform providers
(5) Franchising opportunity
(6) Duplicate the business model to expand into chain restaurants.
(7) Expand into high-end fine dining Italian restaurant.
(8) Expand by creating multiple virtual brands from the same kitchen to be listed online with various delivery platforms.

We are looking for passionate individual or a company group to take over and continue to grow the business.
If you are an individual aspiring to be a Pizza Chef with skills in Italian pasta cuisines who is planning to work part or full time, this business is just right for you. You can cut short the learning curve and continue to grow the business.
If you are an individual or company group with big plans, this business is with high potential of growth. You can duplicate and franchise it to a food empire.

This is a rare sale of Italian restaurant business. Besides taking over existing premise with business and equipment set up, the sale includes the very important element i.e. the recipe. The recipe is originated from Italian Chef and is on par with high-end fine dining Italian restaurants.
This business has also established itself in social media with loyal followers. This will give you peace of mind in continuity of the business.

Interested buyers may contact for further discussion. You may be required to sign Letter of Non-disclosure for access to financial data.

Property Information

Rent
Premise Status
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