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Listing Id: 15314 Last Refreshed: 07/05/2019 Total Views: 3602

Chinese Restaurant For Takeover @ Chinatown

Central AreaFast Food Restaurants
Asking Price: S$150,000
Business For Takeover
Look For Investor
Look For Partner
  • Premise Type N/A Premise Size
  • Monthly Rental S$6,800 Rental Desposit S$20,400***
  • Revenue S$200K - 500K Liability N/A
  • Gross Profit S$100K - 200K Net Profit S$100K - 200K
  • Stock S$10,000*** FFE S$45,000***
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff 2
  • Established 2017 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Inlcude in the selling price
Email Owner

Reason For Sale

Owner moving business interests

Description

Well Established Chinese Restaurant For Takeover at Chinatown:
- Estimated 860spf
- Current rent is $6800
At a rental of $6800/month, this is the CHEAPEST rental that you can find within the CBD. Surrounding and neighbouring units are all being leased at an
average rental of $9000 to $12,000.
- Located in the heart of Chinatown
- 2 minunites to Chinatown MRT station
- Crowds of regular customers and tourists
- Full F&B facilities c/w grease and floor trap, well equipped kitchen and dining area
- POS and CCTV System
- Street parking space
- Asking $150,000 takeover fee, negotiable, security deposit is included
- Suits chinese restaurant , fine dining, fast food restaurant etc..
- Tenancy expires in 2 years
- Call for viewing

Business Operation

Mon-Sun 11am-10pm
Business Hour
Fully equipped kitchen and equipments. Including chillers and freezer.
Facilities

Property Information

Rent
Premise Status
3 years
Lease Term
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