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Italian Restaurant In Singapore For Sale

Bukit Timar, Bukit Timar
Asking Price:
$358,000 (SGD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,000,000 (SGD)
Cash Flow:
$100K - $250K (SGD)

In the middle of residential area, where high life standard people looking for good quality food in a new environment.
50 seats indoor plus 30 seats alfresco (can still expand).
1750 sqft indoor please about 1000sqft outdoor.
Rental is less than 20k
500k spent for renovation (100k spent for equipment)
The business is 16 months old and still have 20 months lease plus an optional of 36 months (4 years)
Good crowd dinner time specially week end.
Suitable for Italian or western food (by contract you will have an exclusivity for Italian food)
For more Information please approach Mr Dario.
Agent are not welcome if they looking fee.

If interested, please contact the seller through the form on this page.

Property Information

Real Estate:

Lease

Lease Terms:

3 plus 3 years

Leasehold Rent:

$220,000 (SGD) per annum

Location:

Bukit Timah / Balmoral Area

Size in square feet:
2,800

Business Operation

Reasons for selling:

Facing manpower issue.

Trading hours:

24/7

Employees:
7
Years established:
2017

Other Information

Furniture / Fixtures value:
$180,000 (SGD) - included in the asking price
Inventory / Stock value:
$20,000 (SGD) - included in the asking price

Contact Information

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