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Listing Id: 2064 Last Refreshed: 26/05/2019 16276 Views

Well Established - Successfully Running Thai / Viet Restaurant

Closed
Asking Price <span class='currency'>S$</span>400,000
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$155,000
Gross Profit
S$101,000
Net Profit
S$5K - 10K
Monthly Rentalt
Not Provided

Business Operations & Assets

Stock
S$10,000 Price Included
FFE
S$35,000 Price Included
Year of Incorporation
2007
Owner Role
Full Time
Premise Status
Rent
Premises Details
Total 7 Stall - Outlets
Each selling Thai & Viet Food
Locations: Plaza Singapura, Novena Square, ITE Ang Mo Kio, Nan Yang polytechnic, Toa Payoh, Cathay Cine Leisure and Changi Airport T1
All 7 outlets under one company

Business Details

Reason For Sale

Owner woule like to Retire

Description

Don't Miss the Golden Opportunity to own your own Thai/Viet Food Stalls under one banner.

Well Established Chain of Thai Restaurant

Highly Reputed & Profitable

Excellent Premier Location with good traffic [currently 7 Locations @ Plaza Singapura, Novena Square, ITE Ang Mo Kio, Nan Yang Polytechnic, Toa Payoh, Cathay Cine Leisure & Changi T1

Very good scope for improvements and expansion to further locations

Excellent repeated and retained customer base.

Fully equipped kitchens with all necessary utensils


The company is well established with 7 outlets and an approximate annual sale of about 1.8 Million Signapore dollars.  Three is about 20 staff at any point of time and one Manager.  There is good blanced blend of Local and Foreign Talents on board to add value to the business. 


The company has an establisehd list of suppliers and vendors.


Cash is collected by the Food court Operators and deposited in to the company account twice a month.

Seriously genuine and interested buyers, who have passion for F & B industry and looking for a new place & business for expansion or diversification, please Contact through this email.


Facilities

Fully equipped Kitchen for 7 outlets consisting of cookers, refrigerators and other equipments.

Competition

Very less competition as each outlet is exclusive in that particular location. Within each Food court there are different options of food stalls available. However the food court opertor warranties that no other competitor selling Thai Cuisine is allowed to operate.

Expansion Potential

Highly potential for expansion both locally as well as overseas. The business could be easily scaled up quite easily as many opportunities to oen new stalls prevails. The brand name of the company can be used to franchise in other locations, as well as explore home delivery services, on line marketing etc.
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