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Listing Id: 31068 Last Refreshed: 14/07/2024 1543 Views

Letting Go 29 Years Heritage Restaurant Located In Little India

Closed
Asking Price S$500K - 1M
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$20,000

Business Operations & Assets

Staff
17 Employee
Year of Incorporation
1995
Owner Role
Full Time
Premise Status
Rent
Premise Type
Commercial Street
Premise Size
4300 sqft / 399 sqm

Business Details

Reason For Sale

leaving singapore

Description

As age running older, me and wife decided to find a interested buyer to continue the operation.
This restaurant has a long story behind it, started in year 1995 and till now is about closed to 30 years. We operate this restaurant in 2 shophouse unit and a total sqf between 4000 to 4300 sqf and come with 3 story high.
Food: Northern Indian Cuisine
Manpower: 17 workers
Rental: super good deal (meet up to know more)
Rev: Last year itself $2.9m
Reason to sell: Few years back my son passed away, Myself i am turning 70 in a few years and both me and my wife plan to leave Singapore.
Location: 2 Shophouse unit combine and is located in a busy street

Meet up to discuss more, price can be nego
Pm me @ 88135307

Facilities

1) 20 to 30 different types of kitchen equipment
2) Tables and chairs

Buyer Support & Terms

Support and Training

After handing over, I am willing to remain not more then 10% shares as small shareholder to assist the new buyer
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