Listing Id: 32644
Last Refreshed: 19/08/2024
Total Views: 943
(Expired)Unique New Concept Of Restaurant At CBD For Sale
Central AreaAsian Restaurants
Asking Price: S$200,000(Neg.)
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
Commercial Street
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Premise Size
640 sqft / 59 sqm
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Monthly Rental
N/A
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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
1
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Established
2022
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Source
Direct Seller
Reason For Sale
Limited Operational Investment for Mass marketing opportunities
Description
Our restaurant has a unique concept with Mongolian food with Eastern European cuisines and business model is viable in many ways.
We have refrained from launching mass marketing campaigns due to limited investment in hiring more operations to maximize the operation. Our regular customers, who love us and give us repeat business daily, have proven this business to be an interesting concept for locals.
Business owner can work for the buyer (6-10 months)-for training purpose.
Business Operation
Restaurant is located in CBD, surrounded by the mixture of office buildings and residential buildings. It's facing the main road, located at ground floor, easy access to the Tanjoung pagar mrt, and nearby bus stations. Toilets are just inside the building , on next door by 1 min walk. Building has car parking facilities and drop off lobby with 24 hours security. Resataunt is accessible for people with Wheel chair as its situated on ground floor. Kitchen is considered as full kitchen with exhaust and gas stoves. We also have beverage station for coffee and liiquor sales. We have very clean kitchen and most areas are renovated last year. We also have TV screen, which is used by the private and corporate event organizers. Outdoor has seating capacity of 50pax, and indoor has seating capacity of 25-30pax.
Facilities
only ONE - Authentic Mongolian Restaurant in Singapore (no competitors for Mongolian concept)) and have also Eastern European Cuisines with limited competitors (most customers prefer us). We have mixture of Mongolian, Eastern European , Local regular customers.
Competition
Business has a lots of expansion potentials for buyers who could put more investment to hire more operation and release mass marketing compaign. Also its, viable concept for many forms of business expansions, including franchising and separating concepts, branch set ups. The concept is Trademark protected -valid for 10 years.
Expansion Potential
Buyer can start immediatelly as soon as formal documents are completed for handover.
It is hassle free start for buyer, with clean and cozy restaurant with new trend of unqiue concept, and viable model - with trusted customers and licenses are all valid.
Following trainings are included in the price: (if buyer need staff support, managing director can work with you for 6-10months-salary negotiable)
- Barista Training
- Event Management Training
- Mongolian Food Menu Training
- Eastern European Cuisines Training
- Korean Fusion Pasta Menu Training
- Bartender Training
+ Training for Food decoration & creative styling
+ Vendor Communication and Management Training
+ Website & Social media Marketing Training
+ Corporate Accounts & Administrative Task Training
Support and Training
Food and beverage skill, Corporate management skill
Background & Skills
Property Information
Secured rent lease to extend more years
Lease Term
Located in the CBD area, we have received good feedback from regular lunch takers from surrounding office Buildings. Building is surrounded by the big office buildings and residential buildings. The place is cozy and has a high level of cleanliness, and many customers use our premises for event hosting. Outdoor has seating for 50pax. Indoor has a seating capacity of 25-30pax.
Premises has l
1) Liquor license (permitted to sell all type of alcohol from 6am till 23:40
2) Restaurant/Food Shop License
Premises Details
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base
Singapore
