Listing Id: 2389
Total Views: 12059
(Sold) Well Established European Restaurant With Bar For Takeover
Central Area
Date Closed: 27/09/2016
Asking Price: S$200K - 500K
- 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$0
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Rental Desposit
N/A
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Revenue
> S$1M
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Liability
N/A
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Gross Profit
S$500K-1M
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Net Profit
S$200K - 500K
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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
5
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Established
2009
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Source
Direct Seller
Reason For Sale
Seller is moving back to home country to retire
Description
An extremely established & profitable European Restaurant with bar since 2009, in the CBD for takeover.
High volume of CBD lunch crowd and strong regular dining guests, including foreign royal families with private and corporate functions and events.
Excellent reviews by major travel and dining sites and bloggers.
Landlord is willing to sign a fresh new 3 + 3 years lease at a reasonable rent.
Business Operation
Basic F&B knowledge
Background & Skills
Yes, seller financing is available.
Seller Financing
Property Information
Landlord willing to sign a new 3yrs + 3yrs lease
Lease Term
Yes, it can relocate to other place
Relocatable
Singapore