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Listing Id: 16523 Last Refreshed: 21/07/2019 1888 Views

Well Established Hot Pot Restaurant Seeking Buyer

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
S$100K - 200K
Gross Profit
S$5K - 10K
Net Profit
Under S$5K
Monthly Rentalt
S$23,000

Business Operations & Assets

Owner Role
Full Time
Premise Status
Rent
Premise Type
Shopping Mall
Premise Size
2500 sqft / 232 sqm
Rental Deposit
S$50,000 Price Included

Business Details

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.

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