Singapore  Singapore

Post Ad
NEW New AI tools: Listing analysis reports are now available on each ad. | Advertisers can use AI to write better titles and descriptions.
Learn more →
Listing ID: 13538 Last Refreshed: 27/08/2020 23868 Views

Group Operating Multiple CBD Restaurant / Bar / Bistro For Sale

Asking Price <span class='currency'>S$</span>500,000

Overview

Financial Performance

Annual Figures
Revenue
S$3,000,000
Gross Profit
Not Provided
Net Profit
S$200K - 500K
Monthly Rentalt
S$40,000

Assets & Working Capital

Stock
S$100,000 Stock and inventory Price Included
FFE
S$400,000 Furniture, fixture & equipment Price Included

Operations & Ownership

Staff
20 Employee
Year of Incorporation
2014
Owner Role
Full Time

Property Information

Premise Status
Rent
Rental Deposit
S$150,000 Price Included
Premises Details User-entered information
raffles place (1400sqft)
robinson (1800sqft)

Operations & Growth

Reason For Sale

no bandwidth to scale up the business

Description

About the business


Beginning in 2014, with our flagship restaurant in Raffles Place, the brand has grown into a household name in the area. 

Three years on, after careful selection of our next location, we have opened doors to our next outlet at China Sqaure Central (with a cat 1 live entertainment licence that houses a live band)



Key Points


- Lease for both locations expire 2021 with a +3 clause

- Annual turnover in access of $3M

- Takeover lock stock barrel

    1. Live Company with $100k paid up capital

    2. Deposits in excess of $150k

    3. Entire HR since 2014 (key position holders 4 years going on 5 years)

    4. All Intellectual Property

- Prospects will be dealing directly with the owner of the business 

Non Disclosure Agreement Required for us to divulge further

- extremely suitable for exsisting F&B operators who wants CBD presence 

- Asking $500K

Facilities

both locations are fully fitted with everything a restaurant needs to operate smoothly

Competition

Ratings average 4.5 out of 5 across various platforms. We always strive to stay ahead of the competition. Since we started in 2014, many restaurants have opened and closed without our vaccinity, we do what we must to stay ahead and will continue to do so

Expansion Potential

100%, especially if you want a even bigger footprint in the CBD / high density corporate space. Our business model works and we have the results to prove it.

Buyer Support & Terms

Support and Training

hand-holding will be comprehensive

Background & Skills

ideal for existing F&B operators who wants to expand into the CBD scene
Premium Access

Contact Seller Directly

Access seller phone, email, listing activity and full AI analysis.

Upgrade Now
Current Access

Standard Member

  • View public listing information
  • Submit enquiry form
  • Wait for the seller to reply
  • Seller phone and email locked
  • Full AI analysis locked
Premium Member Access

Seller Contact And Listing Statistics

Secure access
Contact Person Premium Only
Contact Number Premium Only
Email Address Premium Only
Total Enquiries Premium Only
Date Published Premium Only
Last Enquiry Premium Only
Premium Member

AI Business Analysis

Get AI-assisted insights into this business’s strengths, risks, key questions, and due diligence points.

Premium Member Only

Understand this opportunity more quickly

Review the key strengths, financial considerations, risks and due diligence points identified from the listing.

Business Highlights Key advantages and positive points identified from the listing.
!
Potential Concerns Areas that may require clarification or further verification.
$
Financial Assessment Review the available financial information and its limitations.
Risk Assessment An indicative risk level based on the information disclosed.
?
Questions to Ask Suggested questions to discuss with the business owner.
Buyer Suitability The experience and background that may suit this opportunity.
Due Diligence Items Important documents and information a buyer should independently verify.
Analyse This Business
AI-generated analysis is for general reference only and may contain inaccuracies. Buyers must conduct independent due diligence before making any decision.

Submit Enquiry

Introduce yourself and explain what you would like to know about this opportunity.

Please submit your enquiry in English.
Do not include sensitive identity or financial information in your first message.

Just a moment... we are processing the request