Singapore  Singapore

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Listing ID: 3503 Last Refreshed: 07/05/2019 19401 Views

Indian Restaurant And Indian Kiosk For Takeover

Asking Price <span class='currency'>S$</span>83,000

Overview

Financial Performance

Annual Figures
Revenue
S$500K-1M
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
Not Provided

Operations & Ownership

Year of Incorporation
2010
Owner Role
Full Time

Property Information

Premise Status
Rent

Operations & Growth

Reason For Sale

Owner wants to take a break from f&b

Description

An old and established Indian restaurant + Indian kiosk is available for takeover. Potential for expansion


Price: SGD 83,000 (includes deposit placed with landlords amounting to 33,000). Effective takeover price of only SGD 50,000


Takeover includes: takeover remaining lease at low rental, all furniture, equipments, goodwill, great online reviews, strong brand, supplier contacts, great locations!


Staff: Since the company is not being sold, only the premises are being taken over, no staff are included. However, if incoming owners are keen, the exisiting owners can try and transfer their staff to the new company. 


Profitable business. 



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