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Newly Established Restaurant for Sale in Singapore

Growing F&B brand with three outlets across SG and 42% repeat customers for sale.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 1 million
Run Rate Sales USD 1.02 million
EBITDA Margin Operating at loss
Industries Restaurants
Locations Singapore
Local Time 9:30 AM Asia / Singapore
Listed By Advisor / Business Broker
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 620 thousand (Native Currency: SGD 800,000)
Reason: The owner has family and other obligations. There is no upfront fee, only a success fee. The valuati... View More
Includes physical assets worth USD 41 thousand
Interested to connect with advisors
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Business Overview
- Successfully operating three branches with strong performance in both in-store dining and a well-optimized island-wide delivery model.
- Proven customer traction with over 4,000 reviews across major delivery platforms, maintaining an impressive average rating of 4.6 to 5 stars.
- High customer retention, with a 42% repeat order rate driven by strong brand loyalty and endorsements from local influencers.
- Revenue model primarily focused on in-store sales and delivery, generating SGD 1.3 million in revenue within its first year of operations.
- Led by a founder with extensive F&B operational experience, leveraging traditional recipes that have been refined for scalability while maintaining quality and consistency.
- Potential to expand through strategic outlet openings, a revamped and diversified menu, and a franchising model within the next three years, with a vision for regional market expansion.
- Seating capacity of 80 across all three locations, accommodating both dine-in and takeaway customers.
- Offers a well-balanced menu featuring both vegetarian and non-vegetarian options to cater to a broad customer base.
- Fully compliant with food safety regulations, holding all food safety licenses to ensure quality and hygiene standards.
- Employs a mix of full-time and part-time staff to support operations efficiently.
- Currently facing negative EBITDA due to supply chain and revenue mix challenges but actively working on optimizing costs, improving margins, and shifting to a more favorable sales channel mix for sustainable profitability.
Products & Services Overview
- Specializes in signature dishes such as braised pork bowl, braised chicken wings, smoked duck, and a unique homemade chilli sauce, catering to customers seeking high-quality, homely meals.
- Offering premium braised dishes through dine-in, takeaway, and delivery services.
Assets Overview
Total current assets amount to SGD 48,000, while non-current assets stand at SGD 95,800.
Of this, the total tangible asset value is 53k.
Facilities Overview
The business runs three outlets with a total built-up area of 1,770 sqft, with lease agreements renewing every two years. The annual rent amounts to SGD 110K.
Capitalization Overview
The business is currently financed through internal cash flows and external funding, with total liabilities of SGD 618.9K. This includes SGD 443.8K in current liabilities, covering accounts payable, short-term loans, and lease obligations, along with SGD 175.1K in non-current liabilities, consisting of long-term loans and lease obligations. The founder retains full ownership, holding 100% equity prior to the proposed transaction.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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