Listing Id: 13517
Total Views: 10796
(Sold) Chinese Restaurants Business For Sale
Central Area
Date Closed: 04/03/2019
Asking Price: S$200K - 500K
- Overview
- Reason For Sale
- Description
- Property Information
Overview
-
Premise Type
N/A
-
Premise Size
-
Monthly Rental
N/A
-
Rental Desposit
N/A
-
Revenue
N/A
-
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
N/A
-
Established
N/A
-
Source
Broker
Reason For Sale
Seller Has No Time To Manage The Business
Description
💽 2 outlets
💽 Business Outlets
❇️ Orchard area:
👉🏼 2015
👉🏼 Approx. $400K renovation inclusive of equipment
👉🏼 Monthly rental - $40K 👉🏼 2200sf
❇️ Petir Road / Bt Panjang area
👉🏼 2017
👉🏼 Approx. $400K renovation inclusive of equipment
👉🏼 Monthly rental - $38K
👉🏼 Approx. 2600sf
💽 Estimated yearly gross profit
- net lost $20K - $30K (past 1 year)
💽 Estimated monthly
gross revenue - $100K per month per outlet
💽 Estimated yearly - $1.2M per outlet
💽 Monthly total cost slightly above $100K per outlet
💽 Any director fee
👉🏼 $10K
💽 How many directors in the company ?
👉🏼 2
💽 Director’s involvement in the business
👉🏼 minimum
💽 Staff :
👉🏼 local - 25 - 30
👉🏼 foreigner - 10 - 15
💽 Reason for selling
👉🏼 Lack of time to manage the restaurants due to other commitments
💽 Open for joint venture with new investor ?
- No
💽 Selling price - View to offer
Thank you & blessings
Myanmar