uk United Kingdom

Listing ID: 14902
Total Viewed: 8686
Last Refreshed: 14/03/2019

Renowned Bristo Restaurant In Best Prime Location @ Mccallum Street

Central Area, Singapore

Asking Price : S$120,000

Revenue: S$1,000,000

Cash Flow: S$20K-50K

Payable: Not Disclosed

Established: 2016

Gross Profit: SGD200K - 500K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Part Time

Net Profit: SGD100K - 200K

Liability: Not Disclosed

FFE: SGD100,000

Staff: 7

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

Reason To Sell
the Group managing this outlet is moving towards bigger entertainment Club ownership.
Business Description

Located in possibly the best location along McCallum Street and Telok Ayer, a renowned bristo restaurant is open for takeover negotiations. Operating since 2015 under a renowned brand, serving full western fusion dining experience from day till night and boosting a good open cocktail bar concept which is a big attraction for this bristo.

With Tangible assests up to $150k as of 31st Dec 18 ,  this outlet is a professionally run and profitable outlet with full kitchen & bar facilities with new renovations costing up to $100k makes this outlet the most stand-out venue in the area. No COSTs required for upgrading as the outlet is fully and up till date, and equipped to run the very next day. Loyal followers including in social medias (more than 10k followers) and a favourite location for company + private events. 


Business Operations
Business Hour:
10am to 12midnight
Preferred Skills:
F&B and Bistro experience
Supporting and Training:
Owner will assist for 2mths
Staff:
3 Local, 2 Foreigners, 2 Part Time
Property Information
Premise Status:
Rent
Premise Size:
1300sqft
Lease Term:
2+1year new lease
Premises Detai:
Located in possibly the best location along McCallum Street and Telok Ayer, a renowned bristo restaurant is open for takeover negotiations. Operating since 2015 under a renowned brand, serving full western fusion dining experience from day till night and boosting a good open cocktail bar concept which is a big attraction for this bristo

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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