Singapore  Singapore

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Listing Id: 13521 Last Refreshed: 26/05/2019 Total Views: 28213

(Sold) Established Restaurant with Franchise Options

Central AreaTake Aways
Asking Price: Price On Request
Business For Takeover
Look For Investor
Look For Partner
  • Premise Type N/A Premise Size
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue N/A Liability N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff N/A
  • Established N/A Source Broker
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
ACI Singapore Angel Collaborative Investments Pte Ltd

Reason For Sale

Owner Relocating to home country

Description

A rare chance to own a Chinese-Western Fusion restaurant and bring it to even greater heights.
Many good reviews on their food with unique setup and location.


Attractions!
Achievable minimum 30k monthly profit, Well-loved by its regulars, the restaurant has developed a strong client base and expanded to one overseas franchise and a recently opened concept express kiosk in 2018. Spacious Kitchen and dining area with 1989 sqft and bar with beer on tap, newly renovated.


Overview
- Profitable brand
- Good and high growth potential
- Takeover inclusive of all kitchen equipment and fully furbished restaurant.
- High media exposure restaurant appearing in magazines, newspapers, Michelin guide 2017, New York times, Michelin guide street food 2018
- Many raving reviews on social media
- Food deliveries on various platforms
- Good location with bustling lunch and dinner crowd
- Annual turnover of few millions
- Takeover with existing staffs and chef.
- Ample parking space
- 1989 square feet
- Fully air-conditioned restaurant
- Franchise available for other countries



Hard Assets

2 Door Chiller
2 Door Freezer
1 Door Chiller
3 Door Counter Chiller
2 Door Counter Chiller
2 Door (Glass) Chiller
1 Door (Glass) Chiller
1 Combi Oven
2 Microwave Oven
6 Burner Wok Station
2 Apollo Duck Roaster
2 Gas Rice Cooker
1 Automatic Dish washer
1 Ice Maker
1 Dish Warmer
1 Prep Chiller
1 Automatic Coffee Machine
1 Dumb Waiter
1 Exhaust System with Fresh Air Inlet
6 Cassette Type Airconditioner

*Full list of Equipment will be provided to sincere buyers.

About the restaurant
Began operations in 2013, the casual dining restaurant has been well sought after by their regulars and foodies. The restaurant has been in the limelight, in Straits Times, New York Times, I weekly, and even featured in the 2017 Michelin guide.
In addition to this outlet, it also has 2 other in operation. One in Manila, an overseas franchise and another, an express kiosk concept in Singapore.


Why is this restaurant highly sought after?
Specially crafted culinary experience that combines Chinese and European cuisine that attracts old and young alike.


Owner had to relocate and it is a waste to let go of this popular brand.

Selling Price inclusive of franchise rights, rights to the brand name, newly renovated interior and fully equipped kitchen, social media, shares to the new kiosk and website. Ready to start business as it is, upon takeover!


Suitable for buyers ready to expand its branding and bring it to even greater heights!

For further enquires / keen / viewing, please contact me at
91059695 or businessforinvestment@gmail.com

Property Information

Rent
Premise Status
/

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