Singapore  Singapore

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Listing Id: 31068 Last Refreshed: 01/03/2024 Total Views: 568

Letting Go 29 Years Heritage Restaurant Located In Little India

Central AreaAsian Restaurants
Asking Price: S$500K - 1M
Business For Takeover
Look For Investor
Look For Partner
Jacob
Email Owner

Overview

  • Premise Type Commercial Street
  • Premise Size 4300 sqft / 399 sqm
  • Monthly Rental S$20,000
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 17
  • Established 1995
  • Source Direct Seller

Reason For Sale

leaving singapore

Description

As age running older, me and wife decided to find a interested buyer to continue the operation.
This restaurant has a long story behind it, started in year 1995 and till now is about closed to 30 years. We operate this restaurant in 2 shophouse unit and a total sqf between 4000 to 4300 sqf and come with 3 story high.
Food: Northern Indian Cuisine
Manpower: 17 workers
Rental: super good deal (meet up to know more)
Rev: Last year itself $2.9m
Reason to sell: Few years back my son passed away, Myself i am turning 70 in a few years and both me and my wife plan to leave Singapore.
Location: 2 Shophouse unit combine and is located in a busy street

Meet up to discuss more, price can be nego
Pm me @ 88135307

Business Operation

1) 20 to 30 different types of kitchen equipment
2) Tables and chairs

Facilities
After handing over, I am willing to remain not more then 10% shares as small shareholder to assist the new buyer
Support and Training

Property Information

Rent
Premise Status
Yes, it can relocate to other place
Relocatable
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