United States

Sell a Business

Listing ID: 171 Last Refreshed: 26/04/2019 Total Views: 13652

European Restaurant & Bar

Central Area

Asking Price: S$500K - 1M
  • Premise Type N/A Premise Size 3000sqft
  • Monthly Rental S$23,000 Rental Desposit N/A
  • Revenue S$50K - 100K Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2011
  • Owner Role Full Time Staff 16
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
Christopher
Email Owner

Reason For Sale

Owner moving overseas

Description


Since its opening in 2011, this cosy and modern restaurant and bar has grown from strength to strength and have built a steady base of dining guests as well as a strong clientele who have engaged the business for both private and corporate functions and events.



Located in the heart of Orchard with soon-to-be direct access to the MRT station and a brand new hotel-mall-office complex, the business has the strong potential of having a direct access to an entirely new customer pool which is forecasted to increase revenue by at least 50%. The business’s customers include the lunch crowd executives as well as couples and groups of ladies who frequent the restaurant bar for its cosy ambience, its reasonably priced menus and to have a wonderful time.



The business has been nominated for 2 outstanding awards after its first year of inception as a result of its strong business and marketing strategies undertaken thus far complemented with a competent management-and-staff team who will continue to render their support to the new owners.

Business Operation

11.30am - 10.00pm
Business Hour
1 months
Supporting and Training

Property Information

Rent
Premise Status
19 months lease expire in October-2014
Lease Term
Email Owner
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