United States

Sell a Business

Listing ID: 15877 Last Refreshed: 14/04/2020 Total Views: 2141

$25k to $40k Monthly Profits! Traditional Modern Seafood Chinese Restaurant For Sale in CBD!

Central Area

Asking Price: S$500K - 1M
  • Premise Type N/A Premise Size 1850sqft
  • Monthly Rental S$15,500 Rental Desposit N/A
  • Revenue S$100K - 200K Cash Flow N/A
  • Gross Profit S$50K - 100K Net Profit S$20K - 50K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established N/A
  • Owner Role Part Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
ACI Singapore Angel Collaborative Investments Pte Ltd
Email Owner

Reason For Sale

Purchasing of Commercial Property

Description


Something You Should Know

 

This is a rare listing of a traditional Chinese seafood restaurant with good healthy profit that is for sale. Serious Buyers who has been searching in the market for a good & stable return of investment of a F&B business, THIS IS THE ONE! If you are reading this advertisement on this website, you can instantly find out for yourself. The TOP 50 or 80 F&B listings in here are hardly profitable or has good profits. A dollar or $100 or $1000 or even $5,000 can be claimed as good profitable business, where many of these advertisements claims to be. But a good small healthy profitable business should be having a minimal profit of at least $8,000 to $10,000. So, enquire or call these listings and ask what is the monthly profits are like? And there you will have your answer. So for the serious and genuine buyers/investors, this is an opportunity not to be missed for good profits and returns. 

 

Are you an Investor or Buyer who knows Chinese seafood cuisine is generally a more successful F&B business compare to most others cuisine?

 

If not, you will find out during our meeting. And yes, although it not easy to run and own a Chinese restaurant cuisine, the Seller has thought it all and will ensure a seamless takeover for you.

 

Call us now to make an appointment: +65 93559531

 

The Restaurant

 

The Brand has a history of more than 50 years. It brings traditional Chinese cuisine to the heart of Singapore Central Business District. This restaurant is located alongside a heavy traffic walkway of offices, hotel and neighbors of well-established brands such as Ya Kun Kaya Toast, Sushi, Wine Connection, etc. The outlet has been operating for more than 4 years. 

 

Upcoming

 

The new upcoming building and hotels that will be up by the end of this year. These 2 new buildings will attract and increased at least an additional 10,000 working employees, traffic and crowds to the vicinity. With the restaurant located in the center of these 2 buildings, the new influx will contribute to an increase in the business. With the latest URA restructuring Masterplan of CBD; Under its Draft Master Plan 2019, which includes plans to rejuvenate the central area, URA said it will increase housing in sites such as Downtown, Marina South and Rochor so that more people can live closer to their workplaces and other amenities.

Currently, there are more than 50,000 housing units in the central area, with the potential to add over 20,000 more homes in the city centre.

https://www.channelnewsasia.com/news/singapore/homes-housing-cbd-marina-bay-ura-draft-master-plan-11383914

 This influx should increase the revenue by 15% to 25% conservatively.


 

Exposure

 

With good reputation in the industry, the brand as been covered by medias, influencer, food critics, magazine and news. 

 

 

“Why Is This Business A Good Buy?


Buying a rare and good profit business! There is no trial and error! Just don't mess it up.

Great location! Located alonside with reputable brands such as Ya Kun, Sushi Tei,Wine connection, etc With upcoming new commercial building, hotel, and residential units, business can only get better! 

NO waiting period to earn money. No sourcing for locations. No waiting for staff. Typically, setting up a business takes about 6 months. 6 months of waiting. 6 months of opportunity cost. With this business, you earn money from Day 1! Ready, set, go!

Be an investor and earn passive income. The business is already run by staff. You don’t really need to be around! You can continue with whatever you are focusing on. Of course, we recommend that you come by now and then to make sure everything is being run excellent. But, you DON'T NEED to be around.

- Buying a profitable sure beats having your money sitting around in the bank and earning next to nothing!

Learn from someone who can coach you to be a successful restaurateur. You always wanted to own a restaurant. For sure, you want it to be successful.. and, profitable. Well, you don't need to go at it alone! Current owner can guide you for the first month or two. He will be around for you to ask questions, and to learn the ropes of the business (the dos and don'ts).” Credit  & quoted by David

 

So, dont wait and wait. Success and life is passing you by. Get on with it. Maximize your profits and start profiting from this business. 


Actual Photos of business and outlet!

Call us now: +65 93559531!


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