Singapore  Singapore

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Listing Id: 34934 Last Refreshed: 10/01/2025 Total Views: 89

CHEAP! $200K BELOW VALUATION! RARE! PROFITABLE! Korean Restaurant! Prime Boat Quay!

Central AreaKorea Restaurants
Asking Price: S$100K - 200K
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Commercial Street
  • Premise Size 2000 sqft / 186 sqm
  • Monthly Rental S$24,000
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit S$20K - 50K
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 6
  • Established 2023
  • Source Direct Seller

Reason For Sale

Franchise Opportunity to grow the brand further in Singapore.

Description

CHEAP! CHEAP! CHEAP!
$200K BELOW VALUATION!
PROFITABLE BUSINESS!
RARE OPPORTUNITY!

Prime Boat Quay Location!
New Korean concept!
Operator owns more than 200 outlets in Korea,
Open for takeover/Franchise on the current outlet.
Expanding the business within Singapore.
Full Training and Support will be provided.
Good size of close to 2000 sqft including Outdoor recess area!
Superb frontage and location!
Currently in operation, come try the food!
Suitable for F&B owners or investors to continue on current business (franchise fees applies) or operate your own F&B concept.

Profitable Business!
Good authentic Korean Food!
Nicely renovated!
Fully fitted with all kitchen equipment, furnitures, fittings all done.
More than $400k spent on Business Set up!

Great office lunch time and dinner crowd.
Call/msg me now for more info.
Joel Choy
91705644

Business Operation

Fully Equipped Kitchen. More than $100k spent on Kitchen setup alone! Total Renovation works and Furnitures costs more than $300k
Facilities
Rare Korean Food Concept. Limited competition! Very few other Korean restaurants are operating this concept! Come and try the food and decide for yourself!
Competition
High potential for further growth. Currently 2 outlets in Singapore. More Franchise opportunities available as owner brand out to other concepts in the Korean F&B scene in Singapore.
Expansion Potential
Yes, this is franchise business.
Can be discussed upon keen interest! More details will be provided on meetup. Full inspection of property and financials can be arranged.
Franchise
Full Training and Support will be provided. SOP is available! More details will be provided on meetup. Full inspection of property and financials can be arranged.
Support and Training

Property Information

Rent
Premise Status
3 years
Lease Term
Located at Circular Road, Prime Boat Quay area! Very good frontage!
High traffic of office crowd during lunch and Dinner crowd after office hours when colleagues, family and friends gather.
Premises Details
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