Singapore  Singapore

Sell a Business

Listing ID: 15601 Last Refreshed: 07/05/2019 Total Views: 1978

The developer company sells the existing ready-made business - a company that owns two restaurants.

Central Area

Asking Price: S$200,000
  • Premise Type Commercial Street Premise Size 80sqm
  • Monthly Rental S$10,000 Rental Desposit S$10,000***
  • Revenue N/A Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established N/A
  • Owner Role Investor Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
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Reason For Sale

The developer company sells the existing ready-made business - a company that owns two restaurants.

Description

The developer company sells ready-made business in the field of food and beverages. Two restaurants of approximately 80 square meters and an adjacent territory of 30 square meters each, in the best popular areas of Singapore - Club Street and Holland Village. High human traffic. The operating business, operating equipment, repairs completed in April 2019, staff, licenses for trade and liquor. Sale through the sale of shares of the new company, specially created for these restaurants, registration date is December 2017. Rent for two years each, the possibility of renewal. No GTS. No debt. Net balance. Owners - two individuals. You buy and can work right away, no preparatory period is needed. Price below market. Total monthly expenses: for rent - 28 thousand dollars per month; utility payments 1 thousand dollars a month; the cost of the minimum staff -10 thousand dollars a month. If necessary, our company, according to the wishes of the Buyer, is ready to retrofit restaurants with additional equipment and provide additional reconstruction.

At the moment, restaurants have water filtration systems, fat traps on the water drainage system, air exhaust systems with electrostatic filters, ventilation for fresh air and existing electrical equipment, refrigeration equipment, electric kitchen equipment, a full set of dishes and equipment, a water restaurant has gas. Most of this equipment is new.


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