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Listing Id: 1277 Last Refreshed: 26/05/2019 17561 Views

Profitable Indian Vegetarian Restaurant Business For Sale

Closed
Asking Price <span class='currency'>S$</span>550,000
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

Overview

Financial Performance

Monthly Figures
Revenue
S$50K - 100K
Gross Profit
S$20K - 50K
Net Profit
S$10K - 20K
Monthly Rentalt
S$4,000

Business Operations & Assets

Staff
13 Employee
Year of Incorporation
2000
Owner Role
Full Time
Premise Status
Rent
Rental Deposit
S$12,000 Price Included
Premises Details
First and Second floor.
First floor seated Restaurant.
Second floor can be converted to function hall. Currently its a packing and storage use.
highly potential to convert into a fine dine & cuisine.

Business Details

Reason For Sale

Owner is Retiring

Description



Well Established

Highly Reputed

Excellent Location

Highly profitable

Very good scope for improvements and expansion.

Excellent repeated and retained customer base.


The Owner Ran this business as Sole-Proprietorship for many years under the same banner, for the benefit of the buyers, he has recently converted the sole-proprietor business into a private Limited company.







Competition

There is absolutely no competition in the near-by vicinity.
As this owners are established for many years and their reputation is unbeatable by the competitors.

Expansion Potential

Highly potential for Expansion.
Can be Franchised out to get more and more passive income.

Buyer Support & Terms

Support and Training

Full After sales Support and Training will be provided. Minimum three months guaranteed.

Background & Skills

Passion for Food & Beverage industry, Knowledge of Indian Vegetarian Cuisine, experience in working or running small and medium Restaurant and Food catering business is an advantage.
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