Listing Id: 31068
Total Views: 1392
(Sold) Letting Go 29 Years Heritage Restaurant Located In Little India
Central Area
Date Closed: 14/07/2024
Asking Price: S$500K - 1M
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
Commercial Street
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Premise Size
4300 sqft / 399 sqm
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Monthly Rental
S$20,000
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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
17
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Established
1995
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Source
Direct Seller
Reason For Sale
leaving singapore
Description
As age running older, me and wife decided to find a interested buyer to continue the operation.
This restaurant has a long story behind it, started in year 1995 and till now is about closed to 30 years. We operate this restaurant in 2 shophouse unit and a total sqf between 4000 to 4300 sqf and come with 3 story high.
Food: Northern Indian Cuisine
Manpower: 17 workers
Rental: super good deal (meet up to know more)
Rev: Last year itself $2.9m
Reason to sell: Few years back my son passed away, Myself i am turning 70 in a few years and both me and my wife plan to leave Singapore.
Location: 2 Shophouse unit combine and is located in a busy street
Meet up to discuss more, price can be nego
Pm me @ 88135307
Business Operation
1) 20 to 30 different types of kitchen equipment
2) Tables and chairs
Facilities
After handing over, I am willing to remain not more then 10% shares as small shareholder to assist the new buyer
Support and Training
Property Information
Yes, it can relocate to other place
Relocatable
Singapore