Listing Id: 33239
Total Views: 610
(Sold) Chinese Restaurant For Takeover (Jalan Besar)
Central Area
Date Closed: 04/07/2025
Asking Price: S$150,000(Neg.)
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Commercial Street
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Premise Size
3000 sqft / 279 sqm
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Monthly Rental
S$20,000
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Rental Desposit
S$73,000***
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Revenue
S$80,000
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
6
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Established
2024
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Source
Broker
Reason For Sale
Owner relocates to overseas
Description
- Currently Chinese Sichuan Cuisine
- Rental $20k before GST
- 3000sqft
- Level 1 dining hall area
- 7 private rooms with karaoke
- Level 3 room
- Lease til Aug-2025 (can arrange to renew with landlord, subject to landlord's approval)
-Takeover with company, including SFA & Liqour license
-Fully fitted, all kitchens equipments, furnitures etc included
- Takeover company, CPF headcounts for quota and all staff
- 2 Kitchen Staff 4 service staff
- Average monthly revenue $70 - $80k
Property Information
August 2025 with option to renew
Lease Term
Includes staff lodging
Premises Details
Yes, it can relocate to other place
Relocatable