Business Description About the business Beginning in 2016, with our flagship restaurant in Tanjong Pagar, the brand has grown into an exclusive household name in the area. Well-loved by its regulars, the exculsive restaurant has developed a strong client base and so visited more than 10,000 pax in a month. we are about to expand to overseas for franchise. extremly suitable for existing F&B operators or any one who wants to own a high cash generating instrument in his/ her financial portfolio.
Key Points - Lease for both locations expire 3rd Dec 2021 + 3 years renewal clause - Located in the best concourse of Tanjong pagar centre - Annual turnover in access of $3M - more than 10,000 customers in a month - Takeover lock,stock, and barrel - Prospects will be dealing directly with the owner of the business - High media exposure restaurant appearing in magazines, newspapers, strait times, zao bao, and etc - Non Disclosure Agreement must be Required for us to divulge further - Operation and system is already strongly set up, even no need to involve operation. - Ready to start business immediately - Asking $2.8M Business Operations Business Hour: monday to friday, 11:30 am to 10pm, opened on weekends and PH (Never closed) Supporting and Training: hand-holding will be comprehensive Staff: 10 Full timers, 22 Part Timers, Property Information Premise Status: Rent Premise Size: 3940 sqft Rental Fee: SGD 55,160 Rental Deposit: SGD190,587.70 Lease Term: 5 years + 3 for renewals Other Information Facilities: the location of the outlet is fully fitted with everything a restaurant needs to operate smoothly Competition: over the years, there is no competition, authentic food receipe, which is well - loved from our high royal regular customers.
Please contact to my email : kohmanner1@gmail.com or msg me : 9735 0890 NDA must be need.
Singapore