Singapore  Singapore

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Listing Id: 16382 Last Refreshed: 07/07/2019 Total Views: 2576

Profitable Thai Food Looking For More Expansion Funds / Investors

TampinesThai Restaurants
Asking Price: S$50K - 100K
Business For Takeover
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  • Premise Type N/A Premise Size
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue S$200K - 500K 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 Investor Staff N/A
  • Established N/A Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
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Reason For Sale

Looking For Funding

Description

Hello

We are an already profitable 2 years old thai food restaurant and am looking for funds for further expansion.

About our Restaurant
We are currently 2 years old, have 4 outlets (1 Restaurant, 1 Shop house, 2 stalls).
We specialize in thai ala carte dishes and thai boat noodle (going for $1 nett).
Our pages in total have over 5,000 followings.
Most of the sauces and appetizers and dishes are of our own recipe.
We do catering too.

Reviews for our food has been really good so far and there are already a lot of media coverage for our brand. We have appeared in popular facebook pages as well as local newspaper and radios.

Who are we?
There are 2 of us in total.

The main shareholder is a business consultant for F&B and has helped many SUCCESSFUL shops to open locally and overseas. He is ALSO a chef himself and he is the one who came up with the recipes and has stepped in at times at the various outlets to help be the main cook when needed. He has MANY years of F&B experience and has had experiences cooking in mass (used to cook for big events over 2000 pax).
This is stated here because I believe this is a key factor as most F&Bs failed due to owners being unable to cook themselves.

The other business partner is one of the leading facebook marketing channel for F&Bs in Singapore that has been around for almost 2 years with over 90,000 followings across their social media platforms. They generally help F&Bs to promote on social media via viral posts and videos.

Together, we were able to break even QUICKLY (specifics will be discussed during meet up) for every new outlet that we have opened thus far.

What are our plans with the funds?
We are looking for a minimum of 50K - 200K.

With the funds injected, our immediate plan would be to open another 2-3 outlets around Singapore and be one of the top thai food restaurants in Singapore within the next 2-3 years.

We are NOT franchising at the moment but we have plans for that and or to sell the whole brand in the near future.

If you are interested in hearing more of what we have to say, please contact us at 9736 4447.

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