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Listing Id: 2368 Total Views: 6606

(Sold) Steamboat Chain With 3 Outlets Looking For Partners

Singapore

Date Closed: 22/03/2017

Asking Price: Price On Request
  • Premise Type N/A Premise Size
  • Monthly Rental S$0 Rental Desposit N/A
  • Revenue > S$1M 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 21
  • Established 2007 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

Reason For Sale

Looking for partners to expand business

Description

Well established with 3 outlets in different parts of Singapore: East, Central and North
Set-up over 9 years ago.

Main selling points:
· Quality of food – uses high quality food only e.g. air flown fish from Indonesia, US Prime Beef (best US beef grade), crab stick imported from Japan, etc

· Special recipe soup base, boiled over 5 hours daily (what customers keep coming back for)

· Trained central kitchen staff to prepare hand-made items daily e.g. fish ball, meat ball, kway teow made with fish, etc.

· Outlets frequented by HK, Taiwan and local stars – all by word of mouth

· Strong regular customer base

· Well-established supplier network with reliable and consistent supply and at well-negotiated prices

Business Operation

12 noon - 4am
Business Hour
kitchen equipment, table and chairs, POS, CCTV, fridge, ice maker, fish tanks
Facilities
Similar food
Competition
Very easy to scale up., Food prepared in central kitchen.
Expansion Potential
F&B
Background & Skills

Property Information

Rent
Premise Status
2+1 years
Lease Term
3 premises
1. Joo Chiat - 4000 sft
2. Outram - 2700 sft
3. Sembwang - 1700 sft
Premises Details
Yes, it can relocate to other place
Relocatable

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