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
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Premise Type
Shopping Mall
Premise Size
2500 sqft / 232 sqm
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Monthly Rental
S$23,000
Rental Desposit
S$50,000***
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Revenue
S$100K - 200K
Liability
N/A
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Gross Profit
S$5K - 10K
Net Profit
Under S$5K
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Stock
N/A
FFE
N/A
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Payable
N/A
Receivable
N/A
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Owner Role
Full Time
Staff
N/A
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Established
N/A
Source
Direct Seller
- Reason For Sale
- Description
- Property Information
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.