Listing Id: 32676
Last Refreshed: 24/08/2024
Total Views: 300
(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
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Property Information
Overview
-
Premise Type
Commercial Street
-
Premise Size
1700 sqft / 158 sqm
-
Monthly Rental
S$9,500
-
Rental Desposit
N/A
-
Revenue
N/A
-
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
5
-
Established
2019
-
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