Singapore  Singapore

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Listing Id: 32377 Last Refreshed: 21/07/2024 Total Views: 488

Award Winning F&B Establishment With Multiple Oulets & Over 50 Years Of History

Central AreaAsian RestaurantsCoffee Shops and Cafes
Asking Price: Price On Request
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Commercial Street
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue S$200K - 500K
  • Liability N/A
  • Gross Profit S$200K - 500K
  • Net Profit S$20K - 50K
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 30
  • Established 1973
  • Source Direct Seller

Reason For Sale

Looking To Focus On Other Businesses

Description

We are an award winning chain of F&B establishments with multiple outlets across Singapore.

Reasons to Takover the Brand:
1. Successful business with ongoing operations ready to be taken over without any additional investment.
2. The brand has over 50 years of history, and has won multiple awards from notable food guides such as the Michelin Guide, Makansutra, Ctrip, and City Hawker Food Hunt.
3. There is still alot of potential for additional expansion, and continued strong growth is expected for the business over the next few years.

Financial Information
2024E
Revenue: ~ 4M
Gross Profits: ~ 2.5M
EBITDA: >500K

2025E
Revenue: ~ 6M
Gross Profits: ~ 4M
EBITDA: >1.2M

For more information, please contact Nick @ +65 8823 8485.

Property Information

Rent
Premise Status
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