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Listing Id: 31385 Last Refreshed: 19/08/2024 Total Views: 1511

Profitable Japanese Restaurant for Takeover* (Balestier)

NovenaAsian RestaurantsBarbecue RestaurantsSushi and Japanese Restaurants
Asking Price: S$160,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner
Eugene Heng Propnex

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  • Overview
  • Reason For Sale
  • Description
  • Property Information
  • Premium Buyer

Overview

  • Premise Type Shopping Mall
  • Premise Size 1600 sqft / 149 sqm
  • Monthly Rental S$12,300
  • Rental Desposit S$36,000
  • Revenue S$60,000
  • Liability N/A
  • Gross Profit N/A
  • Net Profit S$15,000
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 3
  • Established 2022
  • Source Broker

Reason For Sale

Partners wish to focus on other business

Description

✔️Profitable Business
✔️Takeover 160k (incl. deposits)

- Indoor 1127sqft/ ORA 400sqft
- Rental 12.3k (incl. GST)
- Lease till Feb-2026 + 2years Option to Renew
- Rental Deposit 36k
- 3 full time staff
- Average Revenue 60k per month
- Average Net Profit 10 to 15k per month

Property Information

Feb 2026 + 2 Years
Lease Term
Full Kitchen
ORA 400 sqft
Premises Details
Yes, it can relocate to other place
Relocatable

Premium Buyer

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