Sale Of Award Winning And Profitable Chinese Restaurant With Recipe.

Reason for selling

Owner is getting old and wants to travel. So looking to sell all assets for this purpose and have not strings attached to any locations.

Website: https://gumajia.com.sg/

Awards

2011 Food Fest Top 10
2013 Food Fest Top 10
2016 Singapore Food Master Top 10
2017 Singapore Food Master Top 10

Visited by lots of celebrities before with photos that you can put up in restaurant.

Additional Important Details

1. No Debt

2. Profitable

3. Strong revenue with strong recurring business

4. Strong website with strong traffic

5. Featured in Master Chef Poland

Effort

1. If you take over existing employee, business is auto run without your involvement

2. You only need to make basic decisions on purchase approvals, festive seasons promotions, etc.
   

Before buying

1. Arrange a face to face appointment at the restaurant

2. Sign an NDA

3. Receive the sales deck

4. Physical tour of the restaurant and view the whole place

5. Try our food (Our treat)

Purchase

1. Sign letter of intent with a 10% deposit

1. If all information checks out but client backs out, deposit will be forefeited

2. If there are discrapancy in information provided, client may back out and take back deposit

3. We will agree and confirm the hand over date of the restaurant (After Chinese New Year)
   

2. Within 14 days, client may ask any questions and request for any information

3. Once client is satisfied, client may proceed to place the next 40% payment.

4. Training and hand over will commence (14 days)

5. 3 days before hand over date, full payment must be made and the business will be fully handed over.

Full details of the full process will be communicated during our face to face meet up.

Contact

Ken Tan

Please mention that you are calling from Business for sale