Listing Id: 2064
Total Views: 13973
(Sold) Well Established - Successfully Running Thai / Viet Restaurant
Central Area
Date Closed: 11/01/2016
Asking Price: S$400,000
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
-
Monthly Rental
N/A
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Rental Desposit
N/A
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Revenue
S$155,000
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Liability
S$0
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Gross Profit
S$101,000
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Net Profit
S$5K - 10K
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Stock
S$10,000***
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FFE
S$35,000***
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Payable
S$0
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Receivable
S$0
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Owner Role
Full Time
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Staff
N/A
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Established
2007
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Source
Broker
Reason For Sale
Owner woule like to Retire
Description
Don't Miss the Golden Opportunity to own your own Thai/Viet Food Stalls under one banner.
Well Established Chain of Thai Restaurant
Highly Reputed & Profitable
Excellent Premier Location with good traffic [currently 7 Locations @ Plaza Singapura, Novena Square, ITE Ang Mo Kio, Nan Yang Polytechnic, Toa Payoh, Cathay Cine Leisure & Changi T1
Very good scope for improvements and expansion to further locations
Excellent repeated and retained customer base.
Fully equipped kitchens with all necessary utensils
The company is well established with 7 outlets and an approximate annual sale of about 1.8 Million Signapore dollars. Three is about 20 staff at any point of time and one Manager. There is good blanced blend of Local and Foreign Talents on board to add value to the business.
The company has an establisehd list of suppliers and vendors.
Cash is collected by the Food court Operators and deposited in to the company account twice a month.
Seriously genuine and interested buyers, who have passion for F & B industry and looking for a new place & business for expansion or diversification, please Contact through this email.
Business Operation
Fully equipped Kitchen for 7 outlets consisting of cookers, refrigerators and other equipments.
Facilities
Very less competition as each outlet is exclusive in that particular location. Within each Food court there are different options of food stalls available. However the food court opertor warranties that no other competitor selling Thai Cuisine is allowed to operate.
Competition
Highly potential for expansion both locally as well as overseas. The business could be easily scaled up quite easily as many opportunities to oen new stalls prevails. The brand name of the company can be used to franchise in other locations, as well as explore home delivery services, on line marketing etc.
Expansion Potential
Property Information
Total 7 Stall - Outlets
Each selling Thai & Viet Food
Locations: Plaza Singapura, Novena Square, ITE Ang Mo Kio, Nan Yang polytechnic, Toa Payoh, Cathay Cine Leisure and Changi Airport T1
All 7 outlets under one company
Premises Details
Yes, it can relocate to other place
Relocatable
Ireland