Business Summary
Established Thai restaurant business for sale in Singapore's Selegie Road area (a 5 minute walk to Bugis or 10 mins to Orchard Road). The restaurant is housed in 3 heritage shophouses and seats around 70 customers.
The owners have moved to Australia and this presents a great opportunity to grow a well respected business at a low startup price. We are selling the Singapore Pte Ltd company which means the buyer can start trading immediately (to start a business such as this takes around 3 months, and then tends to take 6 months before breaking even).
5 staff operate the business, including a very experienced manager. The new owners can leave daily operations to the existing team if they wish, and focus on promotions and customer service.
Included in the sale:
Singapore Pte Ltd company
NEA food licence, with ‘A’ grade certification
Balance of 2 year top level liquor licence
Contracts with 5 well trained professional staff
Contract for home delivery service
Contract with artist for sale of paintings
Balance of 2 year lease, valid for 7 x 24 dining
PUB and landlord deposits
Fully fitted out customer areas to a 4* standard
Indoor and alfresco dining
21 tables / approx 70 seats
Air conditioning
Fully fitted commercial kitchen with 3 chillers / freezers and triple burner kwali
Fully fitted bar
Sound system
CCTV system with internet access
POS system with internet access
Fully fitted office with internet, multi function colour printer
High quality website with the flexibility to apply updates without needing technical assistance
Google Analytics for website traffic analysis
Facebook page
Hungrygwhere food review listings
Tripadvisor page and food reviews
Highly professional full colour menus
Property Details
Other Business Details
Business Location:
One street back from Rochor Road - opposite large car park with free parking after 5pm and all day Sunday (very rare in Singapore)
Premise Details:
3 x Heritage shophouses, knocked together and with alfresco pavement dining
Competition:
There are no other good quality Thai restaurants in the local area.
There is a high quality, well established Italian restaurant next door which complements this business
Expansion Potential:
Have several ideas about expansion I'd be pleased to discuss with any buyers
Business Operation Details
Trading Hours:
Currently 12:00pm - 10:00pm 7 days.
The premises are licensed for food sales 7 x 24 if desired
Support & Training:
The present owners will provide full training and handover, and will then be available for ongoing advice & guidance.
Miscellaneous Details
Reason For Selling:
Owners have moved to Australia
Australia
Canada
India
Singapore
South Africa
Thailand
UAE
UK
USA
Worldwide
