Singapore's No. 1 AI-powered business marketplace

Post Ad
NEW New AI tools: Listing analysis reports are now available on each ad. | Advertisers can use AI to write better titles and descriptions.
Learn more →
Listing Id: 772 Last Refreshed: 26/05/2019 22844 Views

Thai Restaurant In Serangoon Ave 2 Neighbourhood For Takeover

Closed
Asking Price Under <span class='currency'>S$</span>50K
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$0

Business Operations & Assets

Year of Incorporation
2012
Owner Role
Full Time
Premise Status
Rent

Business Details

Reason For Sale

Owner Migrating Overseas

Description

Thai Restaurant for Takeover as owner migrating overseas.  in neighbourhood of Serangoon Ave 2.  Good catchment of residents (HDB, CONDO, HOUSES), schools (Secondary, Primary, Nanyang JC, Australian International School). Next to 7-11. In row with other restaurants/coffee-shops.

Grade A Rating (NEA). Class 2 Liquor Licence.

Running for 7 months. Good client base. Now also running Ala-Carte Buffet promotion.

Potential to expand concept to include Thai Mookata and Steamboat, or even include Chinese Zhe-Char.

Now open for lunch and dinner only. Potential for breakfast business, to include Noodles or Dim-Sum.

Fully equipped stainless kitchen for chinese or asian cooking (big flame stove).

Nice layout and funishings.

Authentic Thai Chef and Thai Restaurant Manager.

Company with CPF track record and MOM registration available if needed (at separate cost).  Staff can be taken over also to continue.

Low Take-over Fees of $38k if quick deal.  mythairesto at yhcm or 8.two.0.one.0.one.0.three

Premises is two-storey HDB unit (private owner).  2nd floor unit has 3 bedrooms and two bathrooms (master room attached), fully aircon.  Now used for staff residence and store-room. Can be rented separately.

Restaurant ground floor unit about 1200 sq ft.  Can be aircon on co-sharing basis with landlord (50:50).

Total Rental: $13k. 

Buyer Support & Terms

Support and Training

Support and Training provided.
Important Disclaimer

Listing information is provided by the listing provider or their representatives and has not been independently verified by our platform. Users should verify all information and conduct their own due diligence before making any decision, payment or commitment.

All communications, agreements, transactions, disputes and claims are solely between the relevant parties.

Learn how to avoid scams

Just a moment... we are processing the request