Listing Id: 32676
Last Refreshed: 24/08/2024
Total Views: 281
(Expired)Highly Rated Restaurant With Multiple Revenue Streams Located In Prime Area With Unique Recipes
Central AreaAsian RestaurantsWestern Restaurants
Asking Price: S$200K - 500K
Business For Takeover
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- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Commercial Street
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Premise Size
1700 sqft / 158 sqm
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Monthly Rental
S$9,500
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Rental Desposit
N/A
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Revenue
N/A
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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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
Full Time
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Staff
5
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Established
2019
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Source
Direct Seller
Reason For Sale
Owner is moving out of Singapore to manage other businesses.
Description
Business Overview
1. Prime location: located in prime area within walking distance of 3 different MRT lines.
2. Highly-rated with multiple revenue streams reflecting strong customer satisfaction and loyalty.
3. We are a highly rated restaurant with Italian French cuisine also doubling as a popular venue for corporate events, family & friend gatherings.
4. Multifaceted business model capitalized on updated technology to generate multiple revenue.
5. Innovative offerings: Several popular, exclusive dishes invented in-house, ensuring high customer satisfaction and repeat business.
6. Beautiful interiors: well renovated and decor dining hall and bar counter with it's own unique character.
7. Growth potential: Projected increase in foot traffic with new hotels and residence estate being built nearby.
8. The restaurant receives 80% of its orders offline and about 20% online.
9. Additionally, the restaurant also receives at least 2 to 3 private bookings of revenue between $2,500 to $4,000 per booking per week.
10. The business also hires contract employees to meet demand requirements.
Property Information
December 2025 (renewable)
Lease Term
Singapore