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#Business ID: 18923

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Italian Restaurant at $1000 Only

Business Location: Singapore

Asking Price: BUSINESS SOLD Revenue: SGD 100k to 250k Cash Flow: SGD 0 to 100k

[Furniture / Fixtures included]

Business Summary

Italian Restaurant (Brand + outlet + recipes + existing loyal clientele) for sale at $1000 only.

$$- An established Italian restaurant, operating successfully for 2 years with existing clientele phone numbers. Delivery line, website, Facebook, brand marketing collateral provided.

$$- On site training, recipes, trade secrets and supplier contacts provided. Ideal for entrepreneurs with little FnB experience.

$$- For Director, a monthly consultation session with principal owner after takeover.

$$- Very low capital expenditure. ($25,000 - $24,000 government grant = $1000 capital expenditure!). We will guide you through this step by step.

$$- Takeover fully setup kitchen with Italian pizza oven, counter chillers, etc.

$$- Monthly revenue of $10-12k, expenses 6-7k. (including low rental of $1300)

You will need to engage your own team to run this restaurant, as my team will retire with me. Training provided to chef and kitchen operations. We can discuss strategies.

This is a sale of a brand, with an option to takeover one outlet.

Property Details

Size:

180 sf + dining area.

Years Established:

2.5

Property Type:

Lease

FF&E:

SGD 10,000

Other Business Details

Business Location:

Within a large condominium. Open to public.

Expansion Potential:

Immense potential, all set up for expansion. Will discuss strategies.

Business Operation Details

Relocatable:

Business Relocatable

Miscellaneous Details

Reason For Selling:

Overloaded with other businesses.

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