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Listing Id: 33239 Last Refreshed: 27/10/2024 Total Views: 344

Chinese Restaurant For Takeover (Jalan Besar)

Central AreaAsian RestaurantsBarbecue RestaurantsChinese Restaurants
Asking Price: S$250,000(Neg.)
Business For Takeover
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Eugene Heng Propnex

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

Overview

  • Premise Type Commercial Street
  • Premise Size 3000 sqft / 279 sqm
  • Monthly Rental S$25,000
  • Rental Desposit S$73,000***
  • Revenue S$80,000
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 6
  • Established 2024
  • Source Broker
  • ***Inlcude in the selling price

Reason For Sale

Owner relocates to overseas

Description

- Currently Chinese Sichuan Cuisine
- Rental $25k before GST
- 3000sqft
- Level 1 dining hall area
- 7 private rooms with karaoke
- Level 3 room
- Lease til Aug-2025 (can arrange to renew with landlord, subject to landlord's approval)
-Takeover with company, including SFA & Liqour license
-Fully fitted, all kitchens equipments, furnitures etc included
- Takeover company, CPF headcounts for quota and all staff
- 2 Kitchen Staff 4 service staff
- Average monthly revenue $70 - $80k

Property Information

August 2025 with option to renew
Lease Term
Includes staff lodging
Premises Details
Yes, it can relocate to other place
Relocatable

Premium Buyer

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