Singapore

Post Ad
Listing Id: 16523 Last Refreshed: 21/07/2019 Total Views: 1749

(Sold) Well Established Hot Pot Restaurant Seeking Buyer

Central AreaChinese Restaurants
Asking Price: S$500K - 1M
  • Premise Type Shopping Mall Premise Size 2500 sqft / 232 sqm
  • Monthly Rental S$23,000 Rental Desposit S$50,000***
  • Revenue S$100K - 200K Liability N/A
  • Gross Profit S$5K - 10K Net Profit Under S$5K
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff N/A
  • Established N/A Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Inlcude in the selling price
Peter Han

Reason For Sale

Retirement and going into other venture

Description

Well established Hot Pot seeking takeover as owner plans to retire and seek other venture. Location popular with locals and celebrities alike, have a significant number of followers and is well known on social media. Looking for a sincere buyer to take over business including licenses and furniture, presently has staffing if required and fully furnished and can start business immediately. lease with the landlord for another year but can be negotiated. clustered between four hotels, st Regis, Shangrila, orchard hotel and orchard rendezvous hotel, also near china embassy. also has office crowd nearby.

Property Information

Rent
Premise Status
/

Just a moment... we are processing the request