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EXCEPTIONAL RESTAURANT/BAR & WINE DISTRIBUTION CO. (SINGAPORE) BFB3361
Summary
This is the ideal time to acquire a well-established and reputable Asian restaurant that has been delighting its growing customer base with excellent cuisine.
About the Business
- Fully Fitted for Dine-In: Recently upgraded with a stylish and comfortable interior, perfect for a fine dining experience.
- Prime Location: Situated in a prominent and high-traffic area, offering excellent visibility and foot traffic.
- Event-Friendly: Ample on-site parking and large enough to host small events such as birthdays and private functions.
- Flexible Seating: Total capacity of 55 patrons (30 indoor, 25 outdoor).
- Favourable Lease Terms: Lease expiring September 2025 with 3+3 year renewal option and a reasonable $2,000/week rent.
- Fully Equipped Commercial Kitchen: Includes 2 cool rooms and a freezer, ready to support high-volume operations.
- Liquor License Potential: Opportunity to further boost revenue by applying for a liquor license.
- Strong Weekly Sales: Averaging $16,000 in weekly turnover, with further potential for growth.
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