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Listing Id: 32644 Last Refreshed: 19/08/2024 995 Views

Unique New Concept Of Restaurant At CBD For Sale

Expired
Asking Price S$200,000(Neg.)
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
Not Provided

Business Operations & Assets

Staff
1 Employees
Year of Incorporation
2022
Owner Role
Full Time
Premise Status
Rent
Premise Type
Commercial Street
Premise Size
640 sqft / 59 sqm
Premises Details
Located in the CBD area, we have received good feedback from regular lunch takers from surrounding office Buildings. Building is surrounded by the big office buildings and residential buildings. The place is cozy and has a high level of cleanliness, and many customers use our premises for event hosting. Outdoor has seating for 50pax. Indoor has a seating capacity of 25-30pax.

Premises has l
1) Liquor license (permitted to sell all type of alcohol from 6am till 23:40
2) Restaurant/Food Shop License

Business Details

Reason For Sale

Limited Operational Investment for Mass marketing opportunities

Description

Our restaurant has a unique concept with Mongolian food with Eastern European cuisines and business model is viable in many ways.
We have refrained from launching mass marketing campaigns due to limited investment in hiring more operations to maximize the operation. Our regular customers, who love us and give us repeat business daily, have proven this business to be an interesting concept for locals.

Business owner can work for the buyer (6-10 months)-for training purpose.

Facilities

Restaurant is located in CBD, surrounded by the mixture of office buildings and residential buildings. It's facing the main road, located at ground floor, easy access to the Tanjoung pagar mrt, and nearby bus stations. Toilets are just inside the building , on next door by 1 min walk. Building has car parking facilities and drop off lobby with 24 hours security. Resataunt is accessible for people with Wheel chair as its situated on ground floor. Kitchen is considered as full kitchen with exhaust and gas stoves. We also have beverage station for coffee and liiquor sales. We have very clean kitchen and most areas are renovated last year. We also have TV screen, which is used by the private and corporate event organizers. Outdoor has seating capacity of 50pax, and indoor has seating capacity of 25-30pax.

Competition

only ONE - Authentic Mongolian Restaurant in Singapore (no competitors for Mongolian concept)) and have also Eastern European Cuisines with limited competitors (most customers prefer us). We have mixture of Mongolian, Eastern European , Local regular customers.

Expansion Potential

Business has a lots of expansion potentials for buyers who could put more investment to hire more operation and release mass marketing compaign. Also its, viable concept for many forms of business expansions, including franchising and separating concepts, branch set ups. The concept is Trademark protected -valid for 10 years.

Buyer Support & Terms

Support and Training

Buyer can start immediatelly as soon as formal documents are completed for handover.
It is hassle free start for buyer, with clean and cozy restaurant with new trend of unqiue concept, and viable model - with trusted customers and licenses are all valid.
Following trainings are included in the price: (if buyer need staff support, managing director can work with you for 6-10months-salary negotiable)
- Barista Training
- Event Management Training
- Mongolian Food Menu Training
- Eastern European Cuisines Training
- Korean Fusion Pasta Menu Training
- Bartender Training
+ Training for Food decoration & creative styling
+ Vendor Communication and Management Training
+ Website & Social media Marketing Training
+ Corporate Accounts & Administrative Task Training

Background & Skills

Food and beverage skill, Corporate management skill
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