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Listing Id: 14902 Last Refreshed: 07/05/2019 Total Views: 12429

(Expired)Renowned Bristo Restaurant In Best Prime Location @ Mccallum Street

Central AreaPUBs
Asking Price: S$120,000
Business For Takeover
Look For Investor
Look For Partner
  • Premise Type N/A Premise Size
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue S$1,000,000 Liability N/A
  • Gross Profit S$200K - 500K Net Profit S$100K - 200K
  • Stock N/A FFE S$100,000***
  • Payable N/A Receivable N/A
  • Owner Role Part Time Staff 3
  • Established 2016 Source Broker
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Eric Lim Propnex realty pte ltd

Reason For Sale

the Group managing this outlet is moving towards bigger entertainment Club ownership.

Description

Located in possibly the best location along McCallum Street and Telok Ayer, a renowned bristo restaurant is open for takeover negotiations. Operating since 2015 under a renowned brand, serving full western fusion dining experience from day till night and boosting a good open cocktail bar concept which is a big attraction for this bristo.
With Tangible assests up to $150k as of 31st Dec 18 , this outlet is a professionally run and profitable outlet with full kitchen & bar facilities with new renovations costing up to $100k makes this outlet the most stand-out venue in the area. No COSTs required for upgrading as the outlet is fully and up till date, and equipped to run the very next day. Loyal followers including in social medias (more than 10k followers) and a favourite location for company + private events.

Business Operation

10am to 12midnight
Business Hour
Owner will assist for 2mths
Support and Training
F&B and Bistro experience
Background & Skills

Property Information

Rent
Premise Status
2+1year new lease
Lease Term
Located in possibly the best location along McCallum Street and Telok Ayer, a renowned bristo restaurant is open for takeover negotiations. Operating since 2015 under a renowned brand, serving full western fusion dining experience from day till night and boosting a good open cocktail bar concept which is a big attraction for this bristo
Premises Details
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