Singapore  Singapore

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Listing Id: 2307 Total Views: 9753

(Sold) Profitable, Long Established French Restaurant For Sale

Kallang/Whampoa

Date Closed: 26/02/2016

Asking Price: S$300,000
  • Premise Type N/A Premise Size
  • Monthly Rental S$9,000 Rental Desposit S$17,000
  • Revenue S$1,020,000 Liability S$0
  • Gross Profit S$720,000 Net Profit S$260,000
  • Stock N/A FFE N/A
  • Payable S$0 Receivable S$0
  • Owner Role Full Time Staff 1
  • Established 2010 Source Broker
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

Reason For Sale

Retirement

Description

Well known french restaurant for sale, owners migrating/retiring.

Good frontage, good reputation and longevity. Annual revenue of $1,020,000, with nett profits of $260,000 yearly.

Capable staff and chef, with ROI of 1 year therebouts. Serious and motivated seller.

Please contact Tim for more information.

Business Operation

Yes, 3-4 weeks
Support and Training

Property Information

Rent
Premise Status
2+2
Lease Term
Yes, it can relocate to other place
Relocatable

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