(On Hold)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
No Debt
Profitable
Strong revenue with strong recurring business
Strong website with strong traffic
Featured in Master Chef Poland

Effort
If you take over existing employee, business is auto run without your involvement
You only need to make basic decisions on purchase approvals, festive seasons promotions, etc.

Before buying
Arrange a face to face appointment at the restaurant
Sign an NDA
Receive the sales deck
Physical tour of the restaurant and view the whole place
Try our food (Our treat)

Purchase
Sign letter of intent with a 10% deposit
If all information checks out but client backs out, deposit will be forefeited
If there are discrapancy in information provided, client may back out and take back deposit
We will agree and confirm the hand over date of the restaurant (After Chinese New Year)
Within 14 days, client may ask any questions and request for any information
Once client is satisfied, client may proceed to place the next 40% payment.
Training and hand over will commence (14 days)
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