Established And Profitable F&B Restaurant For Takeover – Novena, Singapore

Owner wants to focus on a new business venture

An established and operating food and beverage business in Novena is available for a full takeover. Located within a prominent commercial development near MRT, the restaurant offers a convenient dining experience for office workers, residents, commuters and visitors.

The business specialises in local Singaporean favourites and café-style offerings, including rice dishes, noodles, chicken specialties, toast, sandwiches and freshly brewed coffee and tea. Its menu combines familiar local flavours with convenient dine-in and takeaway options.

Business Highlights
Established operations: An existing restaurant with an operating team and established workflows.
Strategic location: Situated in the Novena area, with access to nearby MRT commuters, office workers and surrounding residents.
Diverse menu offering: A range of local dishes, signature chicken meals, noodles, toast and beverages catering to different customer preferences.
Transferable recipes and know-how: The takeover includes recipes for the restaurant’s dishes, supporting continuity of its menu and food preparation.
Existing workforce: Current employees are part of the proposed takeover arrangement, subject to mutually agreed terms.
Owner transition support: The current owner is open to discussing continued involvement as an employee during the transition, if required by the buyer.

Ideal Buyer Profile
This opportunity may suit:
Existing F&B operators looking to expand their restaurant portfolio.
Entrepreneurs seeking to acquire an operating restaurant.
Food business owners looking to establish or strengthen their presence in the Novena area.
Buyers interested in taking over an existing menu, recipes, equipment and operating team.

Transaction Scope
The owner is seeking a full sale of the Novena restaurant only. The transaction may include the restaurant’s recipes, relevant operational know-how, existing employees and agreed business assets, subject to due diligence and final agreement.
The owner’s continued involvement during the handover or as an employee may be discussed with the successful buyer.

The owner is seeking a full sale of the Novena restaurant only. The transaction may include the restaurant’s recipes, relevant operational know-how, existing employees and agreed business assets, subject to due diligence and final agreement.
The owner’s continued involvement during the handover or as an employee may be discussed with the successful buyer.