Singapore  Singapore

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Listing Id: 32398 Last Refreshed: 05/08/2024 Total Views: 644

(Expired)Annual Profit 1m SGD sustainable FNB Group

Bukit MerahAsian Restaurants
Asking Price: S$3,000,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Neighbourhood
  • Premise Size 5000 sqft / 465 sqm
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue S$380,000
  • Liability N/A
  • Gross Profit N/A
  • Net Profit S$80,000
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Investor
  • Staff 30
  • Established N/A
  • Source Direct Seller

Reason For Sale

Fund Raise

Description

Raising funds for 3 Restaurants
Revenue 4m per annum
Bottom line 1m per annum
Businesses has been around around 10+ years
COVID resilient

Seeking investors for 3m
Maximum: 3
Minimal investment 1m

The operator is a Experienced restaurant / cafe owner for the past 10 years . He is also a committee member of various FNB / SME associations and is well updated on the industry current and future outlooks. He also travels frequent around SE Asia , China and India for other Industry works.
He is trained in Google SEO/ SEM and also have wide knowledge of YouTube, Redbook and other Social media platforms.
The operator also owns a handful of commercial properties in Singapore and is looking for like minded investor to come on board.

Investor returns model
A. Share
B. Dividends
C. Consultancy
D. Interest on loan
E. Mixture of the above

The investment can be of collateral backed if required.




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