Singapore  Singapore

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Listing Id: 13477 Total Views: 13004

(Sold) Strong Branding F&B Establishment For Sale

Central Area

Date Closed: 19/12/2018

Asking Price: S$1,100,000
  • Premise Type N/A Premise Size
  • Monthly Rental S$7,600 Rental Desposit S$30,000***
  • Revenue > S$1M Liability N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A FFE S$150,000***
  • Payable N/A Receivable
  • Owner Role Full Time Staff 0
  • Established 2010 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Inlcude in the selling price

Reason For Sale

Business owner have other ventures

Description

Brand enjoys good crowd from youngster and have strong online and media presence.

Price includes existing contract and engagement worth 100k, one with an established listed company to create the same concept in overseas market and existing rental/ utility deposits worth 30-40k.

Business include 2 F&B outlet and 1 catering business which cater to upmarket clientele. Machinery and inventory total worth approx $150k.

Catering Business 1 year old with projection $400k revenue this year alone.

Profitable business with turnover approx 1mil in each outlet. (total 2mil+ group turnover with 20-30% profit margin)

** Seller Financing optional available
*** Selling both 3 as an entity or individually selling the restaurant available
*** Open to individual investor with min $500k capital injection for equity.

Unique concept that can go for franchise model in the future.

Ready to go business from day 1

Business Operation

Yes, seller financing is available.
Seller Financing

Property Information

Rent
Premise Status

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