Listing Id: 16523
Total Views: 1843
(Sold) Well Established Hot Pot Restaurant Seeking Buyer
Central Area
Date Closed: 21/07/2020
Asking Price: S$500K - 1M
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Shopping Mall
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Premise Size
2500 sqft / 232 sqm
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Monthly Rental
S$23,000
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Rental Desposit
S$50,000***
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Revenue
S$100K - 200K
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Liability
N/A
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Gross Profit
S$5K - 10K
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Net Profit
Under S$5K
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
Retirement and going into other venture
Description
Well established Hot Pot seeking takeover as owner plans to retire and seek other venture. Location popular with locals and celebrities alike, have a significant number of followers and is well known on social media. Looking for a sincere buyer to take over business including licenses and furniture, presently has staffing if required and fully furnished and can start business immediately. lease with the landlord for another year but can be negotiated. clustered between four hotels, st Regis, Shangrila, orchard hotel and orchard rendezvous hotel, also near china embassy. also has office crowd nearby.
Singapore