(Sold) Bistro Restaurant For Takeover

Overview

Premise Type N/A
Premise Size N/A
Monthly Rental N/A
Rental Desposit N/A
Revenue N/A
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 Full Time
Staff N/A
Established N/A
Source Broker

Reason For Sale

Other comMitments

Description

BISTRO RESTAURANT for takeover

💽 Establishment
👉🏼 June 2023

💽 Address of business operation
👉🏼 Oppsite Haw Par Villa MRT station

💽 Shop/biz operation :
👉🏼 monthly rental $44,670.60
👉🏼 subject to GST
👉🏼 approx 5,382 sqft
👉🏼 balance lease approx 2 years and 2 months
👉🏼 cost of renovation $1,000,000
👉🏼 renovated about half year ago

💽 Yearly estimated gross revenue
👉🏼 $3,600,000 (2023)

💽 Yearly estimated gross expenses
👉🏼 $2,400,000 (2023)

💽 Staff : 13
👉🏼 local - 8
👉🏼 foreigner - 5

💽 Operating hours:
👉🏼 Monday - Saturday
5pm to 1am
👉🏼 Sunday 5pm to 11pm

💽 Selling price - $1.35M negotiable
👉🏼 inclusive of
📍 brand name
📍 staff (if they are willing continue job with the new biz owner)
📍 customers data
📍 facebook/instagram/google account
📍 all fixtures, fittings, equipment & products inside the shop

👉🏼 not inclusive of
📍 rental deposits
📍 deposits for SP Services, telephone, wifi & other deposits

(Sold) Bistro Restaurant For Takeover

Queenstown

Date Closed: 29/07/2024

Overview

Reason For Sale

Description

Buy a Business

Buy a Franchise

Commercial Property

Sell a Business

Businesses Wanted

Business Brokers

Resource