Listing Id: 31313
Last Refreshed: 25/10/2024
Total Views: 1146
(On Hold)Profitable FnB Business for Takeover
Central AreaAsian RestaurantsChinese RestaurantsTake Aways
Asking Price: S$1,800,000(Neg.)
Business For Takeover
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- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
Shopping Mall
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Premise Size
3000 sqft / 279 sqm
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Monthly Rental
S$30,000
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Rental Desposit
S$60,000
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Revenue
S$225,000
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Liability
N/A
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Gross Profit
N/A
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Net Profit
S$67,500
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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
10
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Established
2015
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Source
Broker
Reason For Sale
Expanding other businesses
Description
✔️Annual Revenue 2.7m / Net Profit 700k
✔️Scalable Business
✔️Takeover 1.8m
- 2 Outlets (Downtown East E!Hub and Sim Lim Square)
- 1340sqft and 1600sqft
- Rental 10k and 18k
- 5 staff at each outlet
- Estimated Staff cost per month about 50k
- No debt upon handover
Business Operation
All fixtures, equipments and inventories
Facilities
Existing branding to open more outlets
Expansion Potential
Owner is willing to train any new staff for a month upon takeover
Support and Training
Property Information
Yes, it can relocate to other place
Relocatable
Singapore 
