Singapore  Singapore

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Listing Id: 20517 Last Refreshed: 11/10/2020 Total Views: 1731

(Expired)Successful Modern F&B Concept With Traditional Roots Franchise (Chew Kee)

Ang Mo KioChinese RestaurantsCoffee Shops and CafesFood Stalls
Asking Price: Price On Request
Business For Takeover
Look For Investor
Look For Partner
  • Premise Type N/A Premise Size
  • Monthly Rental S$10,000 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 Broker
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
Natasha Astreem Consulting Pte Ltd

Reason For Sale

Looking for Franchisees

Description

About the Brand
Serving Singapore’s First Soy Sauce Chicken since 1949, our recipe has remained unchanged across 3 generations over the last 70 years.

Our beliefs – Preparing food with a sincere heart, quality over quantity and making food affordable for the community.

Outlet is at 8 Upper Cross Street which serves office staffers, professionals, tourists and the community.

Brand Strengths
- Broad Customer Base
- 70 years of experience
- Modern Concept with Traditional Roots
- Every day food products that are stable in pandemic or no pandemic

Why Chew Kee is the investment of your choice
- Extensive Training
- Loyal Customers across all age groups
- Experienced Management Team
- Traditional Food with easy to operate modern concept

Financial Summary**
- Investment SG $150,00 onwards
- Monthly Revenues $50,000 to $70,000
- EBITDA $7,000 to $10,000
- Franchise Fees $40,000
- Royalty 5%
** All financials subject to location, ability of franchisee and market conditions

Next Steps
- Submit the franchisee application form by emailing your interest to natasha@astreem.com
- Get the Financial breakdown and ROI calculations and evaluate the brand
- Setup a zoom call or face to face meeting to understand the brand in more detail

Property Information

Rent
Premise Status
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