Singapore  Singapore

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Listing Id: 17544 Last Refreshed: 11/12/2020 Total Views: 1408

Profitable Western Restaurant - Established Brand

Central AreaWestern Restaurants
Asking Price: S$1M - 5M
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Commercial Street
  • Premise Size
  • Monthly Rental S$39,000
  • Rental Desposit S$120,000***
  • Revenue S$200K - 500K
  • 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 N/A
  • Established N/A
  • Source Broker
  • ***Inlcude in the selling price

Reason For Sale

The current owner is letting go due to personal reason but willing to train a buyer to make for a smooth transition.

Description

Customers can expect to experience warm and welcoming, rustic, cosy, relaxed ambience. The selection of dishes has won the hearts of many local and expats living in Singapore.
Located in heritage shophouse near Tanjong Pagar, the restaurant tastefully renovated with homely ambience, rich accents, comfy furniture and beautiful lighting that would make the dining experience as authentic as possible.
The restaurant has a fully equipped commercial kitchen includes deep fryers, flat top, grill, stove, convection oven, all under the hood just to name a few. The kitchen also has a prep area, a dish area, reach in coolers and prep table.
Founded nearly 10 year ago, this establishment has been featured on Singapore Tatler, Hungrygowhere, Zomato, Citynomads, just to name a few.
The current owner is letting go due to personal reason but willing to train a buyer to make for a smooth transition.
Sales Includes
-All license
-All Employees
-Recipe and menu
-Include the branding
-Website and Social Media
-Inventory
-All kitchen equipment included in sales
-Nicely renovated. Fixture and furniture included in sale
-Supplier list will be provided

H&S Business Broker
Email: info@hnsbusiness.com

Property Information

Rent
Premise Status
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