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Listing Id: 28020 Last Refreshed: 05/04/2023 Total Views: 693

Multiple Restaurant/Bar Chain For Sale; Highly Established And Profitable

Central AreaPUBsWestern Restaurants
Asking Price: S$12,000,000
Business For Takeover
Look For Investor
Look For Partner
Stan Wong F&BSG
Email Broker

Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue > S$1M
  • Liability N/A
  • Gross Profit N/A
  • Net Profit S$200K - 500K
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Family Commitment

Description

Around 60 percent of "NEW" F&B establishment fail within the first year. 1 in 4 have been closing every year across all segments; hawkers, cafes to even high end fine dining restaurants. Whether its down to branding, location, manpower, operation, quality etc. The list goes on... . ..So why take the risk?

Takeover an established, profitable and well known Restuarant/bar Chain with over 10 outlets. Owner giving up due to family commitment. Ideal for expansion oversea.

Mulitple chain outlet including franchisee. Non Disclosure Agreement and POF required.

Call F&BSG 9690 0002 for more information.

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