Listing Id: 13477
Total Views: 13022
(Sold) Strong Branding F&B Establishment For Sale
Central Area
Date Closed: 19/12/2018
Asking Price: S$1,100,000
- 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$7,600
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Rental Desposit
S$30,000***
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Revenue
> S$1M
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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
S$150,000***
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Payable
N/A
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Receivable
-
Owner Role
Full Time
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Staff
0
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Established
2010
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Source
Direct Seller
Reason For Sale
Business owner have other ventures
Description
Brand enjoys good crowd from youngster and have strong online and media presence.
Price includes existing contract and engagement worth 100k, one with an established listed company to create the same concept in overseas market and existing rental/ utility deposits worth 30-40k.
Business include 2 F&B outlet and 1 catering business which cater to upmarket clientele. Machinery and inventory total worth approx $150k.
Catering Business 1 year old with projection $400k revenue this year alone.
Profitable business with turnover approx 1mil in each outlet. (total 2mil+ group turnover with 20-30% profit margin)
** Seller Financing optional available
*** Selling both 3 as an entity or individually selling the restaurant available
*** Open to individual investor with min $500k capital injection for equity.
Unique concept that can go for franchise model in the future.
Ready to go business from day 1
Business Operation
Yes, seller financing is available.
Seller Financing
Singapore