Listing Id: 29914
Total Views: 1275
(Sold) Bistro Restaurant For Takeover
Queenstown
Date Closed: 29/07/2024
Asking Price: Price On Request
- Overview
- Reason For Sale
- Description
Overview
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Premise Type
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Premise Size
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Monthly Rental
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Rental Desposit
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Revenue
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Liability
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Net Profit
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Stock
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FFE
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Payable
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Receivable
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Owner Role
Full Time
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Staff
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Established
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Source
Broker
Reason For Sale
Other comMitments
Description
BISTRO RESTAURANT for takeover
💽 Establishment
👉🏼 June 2023
💽 Address of business operation
👉🏼 Oppsite Haw Par Villa MRT station
💽 Shop/biz operation :
👉🏼 monthly rental $44,670.60
👉🏼 subject to GST
👉🏼 approx 5,382 sqft
👉🏼 balance lease approx 2 years and 2 months
👉🏼 cost of renovation $1,000,000
👉🏼 renovated about half year ago
💽 Yearly estimated gross revenue
👉🏼 $3,600,000 (2023)
💽 Yearly estimated gross expenses
👉🏼 $2,400,000 (2023)
💽 Staff : 13
👉🏼 local - 8
👉🏼 foreigner - 5
💽 Operating hours:
👉🏼 Monday - Saturday
5pm to 1am
👉🏼 Sunday 5pm to 11pm
💽 Selling price - $1.35M negotiable
👉🏼 inclusive of
📍 brand name
📍 staff (if they are willing continue job with the new biz owner)
📍 customers data
📍 facebook/instagram/google account
📍 all fixtures, fittings, equipment & products inside the shop
👉🏼 not inclusive of
📍 rental deposits
📍 deposits for SP Services, telephone, wifi & other deposits
Saudi Arabia