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Listing Id: 2389 Last Refreshed: 26/05/2019 12123 Views

Well Established European Restaurant With Bar For Takeover

Closed
Asking Price <span class='currency'>S$</span>200K - 500K
This business has been Sold

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

Overview

Financial Performance

Annual Figures
Revenue
&gt; S$1M
Gross Profit
S$500K-1M
Net Profit
S$200K - 500K
Monthly Rentalt
S$0

Business Operations & Assets

Staff
5 Employee
Year of Incorporation
2009
Owner Role
Full Time
Premise Status
Rent

Business Details

Reason For Sale

Seller is moving back to home country to retire

Description

An extremely established & profitable European Restaurant with bar since 2009, in the CBD for takeover.

 

High volume of CBD lunch crowd and strong regular dining guests, including foreign royal families with private and corporate functions and events.

 

Excellent reviews by major travel and dining sites and bloggers.

 

Landlord is willing to sign a fresh new 3 + 3 years lease at a reasonable rent.

Expansion Potential

Yes

Buyer Support & Terms

Support and Training

Yes

Background & Skills

Basic F&B knowledge

Seller Financing

Yes, seller financing is available.
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