Restaurant Business For Takeover – Geylang, Singapore

Change in business direction

**Fully Fitted Chinese Restaurant | Turnkey Opportunity | Existing Business Setup**

Looking for an opportunity to enter Singapore’s F&B industry or expand your existing restaurant business?

This is an opportunity to take over an established Chinese Northeastern-style iron pot stew restaurant in Geylang, with an existing restaurant setup, operating infrastructure and customer channels already in place.

Suitable for experienced F&B operators, entrepreneurs or investors looking for an existing business platform in Singapore.

## Business Highlights

- **Singapore-Registered Company:** Existing incorporated company operating the restaurant. Potential acquisition structure, including a company-share sale, is open for discussion with serious buyers, subject to due diligence and mutually agreed terms.
- **Ready-to-Operate Restaurant:** Existing restaurant layout, kitchen equipment, furniture and fittings in place, reducing the time and initial investment required to establish a new outlet.
- **Food & Liquor Licensing:** Existing approvals in place, subject to verification of licence conditions and any required applications or approvals following a change of ownership.
- **Existing Staff Arrangements:** Existing workforce and employment arrangements provide an operational starting point for the incoming operator, subject to employment requirements and agreed takeover arrangements.
- **Grab Delivery Setup:** Existing Grab delivery channel provides an additional avenue for reaching customers beyond dine-in business.
- **WeChat Customer Community:** Existing WeChat group with repeat customers, providing a foundation for customer engagement, promotions and repeat business.
- **Established Restaurant Concept:** Chinese Northeastern-style iron pot stew (东北铁锅炖), with the option to continue the existing concept or explore another suitable concept, subject to landlord and regulatory approvals.

## Location & Operating Details

- **Location:** Geylang, Singapore
- **Seating Capacity:** Approximately 38 pax
- **Current Monthly Rental:** S$8,500
- **Lease Tenure:** Details available for serious enquiries
- **Cuisine:** Chinese Northeastern-style iron pot stew
- **Business Structure:** Potential acquisition of the operating business or company shares, subject to discussion and due diligence.

## Why Take Over This Business?

Setting up a restaurant from scratch can require considerable time and capital for renovation, kitchen equipment, licensing, staffing, delivery-platform onboarding and customer acquisition.

This opportunity offers an existing foundation, including:

- Restaurant infrastructure and kitchen facilities
- Existing operating arrangements and staff
- Established delivery-channel access
- An existing customer community
- A Singapore-incorporated corporate entity

The incoming operator can focus on running the business, improving sales, developing marketing initiatives and growing the restaurant according to their own business plans.

The existing iron pot stew concept can be retained, or a different suitable concept may be considered, subject to the relevant approvals.

## Sale Details

- **Asking Price:** Negotiable
- **Takeover Structure:** Open to discussion, including a potential company-share sale
- **Viewing:** By appointment
- **Enquiries:** Serious buyers are welcome to contact us for further details and to arrange a discussion.

A suitable opportunity for buyers seeking an existing restaurant setup and a potential platform for their next F&B venture in Singapore.