Singapore  Singapore

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Listing Id: 561 Last Refreshed: 07/05/2019 Total Views: 20854

(Expired)Highly Profitable Thai Restaurant For Sale

Central AreaFast Food Restaurants
Asking Price: S$500K - 1M
Business For Takeover
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Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$8,000
  • Rental Desposit S$8,000
  • Revenue S$50K - 100K
  • Liability S$0
  • Gross Profit S$20K - 50K
  • Net Profit S$20K - 50K
  • Stock N/A
  • FFE S$0
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 8
  • Established 2013
  • Source Direct Seller

Reason For Sale

Owner is a focusing on other business assignments overseas

Description

More then a decade old Thai Restaurant in the heart of Singapore's shopping haven for sale!

Great deal!

1. IPOS registered (Trademark)
2. High sales volume
3. Highly regarded as the Top 10 restaurants to visit
4. No manpower issues
5. Can start immediately
6. Huge pool of regular customers
7. Newly renovated
8. New rental lease ( no worries for the next 2 years)
9. Recognised southeast Asia awards in 2013/ 14 and 15!
10. In - depth reputation across south - East Asia and China
11. 2 existing profiting businesses under the Brand
12. High media attention and recognition

Owner is a restaurant consultant and is busy with other overseas businesses.

Business Operation

6pm - 3am
Business Hour
Newly renovated seating area worth $50000 sgd
Facilities
Nil. Business was managed by a highly acclaimed food and beverage consultant.
Competition
Huge!

Especially with a TRADEMARK rights and a system created by the consultant.
Expansion Potential
Yes
Support and Training
Nil.
Background & Skills

Property Information

Rent
Premise Status
2 years
Lease Term
/

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