Australia

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Listing Id: 184 Total Views: 11964

(Sold) Korean UFO Roaster Buffet

Geylang

Date Closed: 06/06/2013

Asking Price: S$30,000
  • Premise Type N/A Premise Size
  • Monthly Rental S$13,000 Rental Desposit S$26,000
  • Revenue S$20K - 50K Liability N/A
  • Gross Profit S$5K - 10K Net Profit S$5K - 10K
  • Stock S$10,000*** FFE S$30,000***
  • Payable N/A Receivable N/A
  • Owner Role Part Time Staff 3
  • Established 2004 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Inlcude in the selling price

Reason For Sale

Going oversea for business

Description

Excellent BBQ Steamboat shop located at Geylang Road.

I am selling away the business due to personal reason.

Gross monthly range from $30k-$40k

Profit monthly range from $5k-$8k

Option 1)

Buyer buy over $30k taking over all the equipment in the shop and operate as per normal.

Option 2)

Buyer buy over $20k for the excellent location and do up his own F&B. He will be getting a new 2yrs+2yrs new lease.

Buyer can choose to work as full time/part time or sleeping partner.

Rest assure that daily sale will be make known to him/her everyday.

Business Operation

3pm-3am
Business Hour
Business minded individual with amount of $30k for an excellent location in Geylang
Background & Skills

Property Information

Rent
Premise Status
48 months lease expire in March-2018
Lease Term

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