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#Business ID: 16975

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Established Korean Restaurant

Business Location: Ampang, Kuala Lumpur, Wilayah Persekutuan, Malaysia

Asking Price: $ 180,000 Revenue: $ 46,000 Cash Flow: $ 1,500

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

The restaurant has operated more then 1 year. (Strictly NO PORK)
Selling for : RM180,000 (nego) Including 1 month rental and all utilities paid.
Renovation cost : RM400,000
Lot Size : 2200-2600
ROI: 1Day RM1500 x 31 = RM46,500 (roughly)
Rent: RM4600 p/ month
Other: Outside of the restaurant has another land around 2000sf that can be used for business.

Buyer will get all the contents in the shop which includes furniture, kitchen & utilities (Front Desk, Table, Chair, Icebox, Kitchen tools, Aircond, CCTV etc)

Buyer has right to continue the business or to change into another local food.
If the buyer wants to continue the business then the owner will pass down the recipe and include 4 of the workers to continue the business.

Property Details

Size:

2000 - 2600.

Years Established:

1 Year above established.

Other Business Details

Premise Details:

Chicken and Veggie Korean based food.

Competition:

Local Malay restaurant.

Planning Consent:

RM400,000 Renovation.

Business Operation Details

Employees:

4 Workers.

Trading Hours:

11:00AM to 11:00PM weekday, 3:00PM to 11:00PM on weekend.

Support & Training:

Will provide training if needed (On Korean recipe).

Miscellaneous Details

Reason For Selling:

Owner has just been diagnosed throat cancer and requires money to return to Korea for medical treatment a.s.a.p.

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