Listing Id: 20517
Last Refreshed: 11/10/2020
Total Views: 1733
(Expired)Successful Modern F&B Concept With Traditional Roots Franchise (Chew Kee)
Ang Mo KioChinese RestaurantsCoffee Shops and CafesFood Stalls
Asking Price: Price On Request
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
S$10,000
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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
N/A
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Established
N/A
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Source
Broker
Reason For Sale
Looking for Franchisees
Description
About the Brand
Serving Singapore’s First Soy Sauce Chicken since 1949, our recipe has remained unchanged across 3 generations over the last 70 years.
Our beliefs – Preparing food with a sincere heart, quality over quantity and making food affordable for the community.
Outlet is at 8 Upper Cross Street which serves office staffers, professionals, tourists and the community.
Brand Strengths
- Broad Customer Base
- 70 years of experience
- Modern Concept with Traditional Roots
- Every day food products that are stable in pandemic or no pandemic
Why Chew Kee is the investment of your choice
- Extensive Training
- Loyal Customers across all age groups
- Experienced Management Team
- Traditional Food with easy to operate modern concept
Financial Summary**
- Investment SG $150,00 onwards
- Monthly Revenues $50,000 to $70,000
- EBITDA $7,000 to $10,000
- Franchise Fees $40,000
- Royalty 5%
** All financials subject to location, ability of franchisee and market conditions
Next Steps
- Submit the franchisee application form by emailing your interest to natasha@astreem.com
- Get the Financial breakdown and ROI calculations and evaluate the brand
- Setup a zoom call or face to face meeting to understand the brand in more detail
Singapore
