Listing Id: 1103
Total Views: 22639
(Sold) Profitable, Long Established Chinese Curry Store For Sale (20 Years)
Bedok
Date Closed: 02/11/2014
Asking Price: S$50K - 100K
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
-
Monthly Rental
S$8,500
-
Rental Desposit
S$16,000
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Revenue
S$45,000
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Liability
N/A
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Gross Profit
S$10K - 20K
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Net Profit
S$5K - 10K
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Stock
S$5,000***
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FFE
S$20,000***
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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
4
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Established
1994
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Source
Broker
Reason For Sale
2nd child arriving soon
Description
Good longevity
Fully-automated with POS, CCTV, full time staff
Can provide revenue statements of approx. $45k/month
Good frontage
Featured on TV and in articles/newspapers
Profitable, ROI in less than 1 year
Serious and motivated seller
Comes with all kitchen equipment and renovation
Business Operation
Yes, 2 weeks min
Support and Training
Property Information
2/3 Years; depending on arrangement w landlord
Lease Term
Singapore