Singapore  Singapore

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Listing Id: 31977 Last Refreshed: 27/06/2024 Total Views: 995

Profitable Restaurant Selling off due to owner 's health condition

Central AreaAsian Restaurants
Asking Price: Price On Request
Business For Takeover
Look For Investor
Look For Partner
Bsolutions
Email Owner

Overview

  • Premise Type Shopping Mall
  • Premise Size 600 sqft / 56 sqm
  • Monthly Rental S$4,300
  • Rental Desposit S$8,600***
  • Revenue S$24,500
  • Liability N/A
  • Gross Profit S$18,800
  • Net Profit S$16,200
  • Stock S$30,000***
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Part Time
  • Staff 3
  • Established 2023
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Health reason

Description

Our restaurant, Nanyang Straits Cafe, is a vibrant dining destination offering a fusion of SEA cuisines. Located in Bugis, we pride ourselves on delivering exceptional culinary experiences in a relaxed yet stylish atmosphere. Our menu features a diverse range of dishes crafted from locally sourced ingredients, ensuring freshness and flavor in every bite. With attentive service and a welcoming ambiance, we aim to create memorable dining moments for our guests, whether they're seeking a casual meal with friends or a special celebration.

Our menu is affordable yet value for money, we are the top choice for $- $$ meals in our area. Together with our food delivery business running 16 hours a day, we are highly profitable and highly pandemic & recession resistant. Whether times are good are bad, our business does well

We are looking to sell of the business at S$120,000 as managing director was recently diagnosed with a heart condition

Business Operation

1. Physical assets: furniture, kitchen equipment, decor, and signage.

2. Inventory: Food, beverages, and other supplies needed for daily operations.

5. Customer Base: A loyal clientele and reputation within the community..
Facilities
Institutional investors With F&B business experience
Background & Skills
Yes, seller financing is available.
Seller Financing

Property Information

Oct 2025
Lease Term
Yes, it can relocate to other place
Relocatable
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