Singapore

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Listing Id: 34579 Last Refreshed: 11/12/2024 Total Views: 194

North Indian Fnb Restaurant For Sale

Central AreaAsian Restaurants
Asking Price: S$150,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner
sonali
Email Owner

Overview

  • Premise Type Shopping Mall
  • Premise Size 990 sqft / 92 sqm
  • Monthly Rental S$6,000
  • Rental Desposit S$12,000***
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 4
  • Established 2024
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Change in business plan

Description

Indian Style offers excellent North and Western Indian Cuisine. Great quality and optimally priced place with excellent customer reviews.
We are looking for investors, active partner or someone who is ready to take over complete business. Centrally located in Novena area!

Business Operation

Fully renovated restaurant. Functional Kitchen with all equipment's. Full bar counter along with drink chillers. 40 seaters inside and 15 outside seating capacity. Functional air-conditioning and lighting. In-shop Toilet facility.
Facilities
Area is vibrant with good footfall from SC Global, IRAS, hospitals and Novena MRT. Once new Thomson lines starts to operate will grow further. There are 15 diverse food options in the row which is both competition but also creates footfall and brings in new customers.
Competition
This franchise can be grown. Catering and events can be managed as place offers good size.
Expansion Potential
Full support will be provided; We can also discuss if handover requires a week or 2 of transition time;
Support and Training
FNB operators, Retail operators
Background & Skills
Yes, seller financing is available.
No loan libility. All financial info will be made available upon request.
Seller Financing

Property Information

Lease started in June 2024; 2 years fixed term with 2 years extension option at only 10% rental increment;
Lease Term
Yes, it can relocate to other place
Relocatable
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