Established Italian Restaurant In Clementi - Profitable Takeover Opportunity

I am running the business for 12 years with great resault, but I am tired to facing always manpower issues

Seize the opportunity to take over a well-established Italian restaurant and pizzeria located in the vibrant neighborhood of Clementi, near Pasir Panjang Road. With 11 years of successful operation, this business has cultivated a loyal customer base and is renowned for its delicious pasta and pizza offerings.

This restaurant boasts a strong profit margin, with documented financial performance indicating a monthly revenue between S$50K to S$100K and a gross profit of S$10K to S$20K. The establishment has effectively utilized popular delivery platforms, enhancing its market reach and customer satisfaction through quality food and exceptional service.

Occupying a 1000 sqft rented space, the restaurant benefits from an inviting neighborhood location that attracts both locals and visitors alike. The current owner, having dedicated 12 years to this business, is looking to sell due to ongoing challenges related to manpower management, making this a compelling opportunity for a new owner to step in and continue the legacy of quality dining.

This business is ideal for individuals or groups looking to invest in the food and beverage industry, particularly those with experience in restaurant management or a passion for Italian cuisine. The selling price of S$650,000 is negotiable, allowing for flexibility in the transition process.

Don't miss out on this chance to acquire a thriving restaurant with a solid reputation and significant growth potential in the Clementi area. This is a perfect opportunity for a serious buyer ready to capitalize on a well-established brand in the competitive food industry.

be operational from the day zero with out spend time and money for renovation, get staff already formed with strong knowledge about the selling products. able to share recipes and 1 month consultation for make the take over smooth with our headache. selling the companies meaning also sell all licenses so non need to wait and apply for it

really honest, we make authentic Italian classic pizza (no Napoletan style) thin and crispy, and we have no competitor because our product hand made from scratch and is daily fresh. Any other pizza place like, Canadian pizza, Pizza Hut, domino and US pizza are not considered our competitors at all, I can proof it because of the longevity and of our business. we are profitable from 2015.

If you can have a range of 12 full timers employees, there is a huge margin of increase the business. but I won't share it now.

I can ensure 2 head chef with a clause of 1 year, and 6 month for the manager

i prefer someone with background in F&b line in Singapore, so he has already acknowledged on this business