Chinese Restaurants Business For Sale

💽 2 outlets

💽 Business Outlets

❇️ Orchard area:

👉🏼 2015

 👉🏼 Approx. $400K renovation inclusive of equipment

👉🏼 Monthly rental - $40K 👉🏼 2200sf

❇️  Petir Road / Bt Panjang area 

👉🏼 2017

👉🏼 Approx. $400K renovation inclusive of equipment

👉🏼 Monthly rental - $38K

👉🏼 Approx. 2600sf

💽 Estimated yearly gross profit

- net lost $20K - $30K (past 1 year)

💽 Estimated monthly

gross revenue - $100K per month per outlet

💽 Estimated yearly - $1.2M per outlet

💽 Monthly total cost slightly above $100K per outlet 

💽 Any director fee

👉🏼 $10K

💽 How many directors in the company ?

👉🏼 2 

💽 Director’s involvement in the business 

👉🏼 minimum

💽 Staff :

👉🏼 local - 25 - 30

👉🏼 foreigner - 10 - 15

💽 Reason for selling 

👉🏼 Lack of time to manage the restaurants  due to other commitments 

💽 Open for joint venture with new investor ?

- No

💽 Selling price  - View to offer 

Thank you & blessings