Listing Id: 32398
Last Refreshed: 05/08/2024
Total Views: 655
(Expired)Annual Profit 1m SGD sustainable FNB Group
Bukit MerahAsian Restaurants
Asking Price: S$3,000,000(Neg.)
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
Overview
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Premise Type
Neighbourhood
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Premise Size
5000 sqft / 465 sqm
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Monthly Rental
N/A
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Rental Desposit
N/A
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Revenue
S$380,000
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Liability
N/A
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Gross Profit
N/A
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Net Profit
S$80,000
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Investor
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Staff
30
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Established
N/A
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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.
Singapore