Newly Established Restaurant Investment Opportunity in Hong Kong
Investment opportunity in a thriving Italian restaurant with minimal competition in surrounding area.
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 384 thousand |
| Run Rate Sales | USD 770 thousand |
| EBITDA Margin | Nil |
| Industries | Restaurants |
| Locations | Hong Kong |
| Local Time | 7:27 PM Asia / Hong Kong |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
192 thousand
for
30.0%
stake
(Native Currency: HKD 1,500,000)
Reason: Seeking a potential shareholder for business growth.
Includes physical assets worth
USD
256 thousand
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Business Name
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Documents
Entrance (Unblurred)
(64.3 KB)
Certificate of Incorporation
(147.9 KB)
Business Registration Ordinance
(170.4 KB)
Online Presence
(147.3 KB)
Video of Restaurant
(11.4 MB)
Business Overview
- Growing Italian dining restaurant business located in Tsim Sha Tsui.
- The business started operations in the middle of last year and in those few months we did about HKD 3 million of sales.
- We had our highest sales in December at HKD 700 thousand and now monthly sales have stabilized at HKD 500 thousand.
- Operating at breakeven now and will be operationally profitable within 2 months.
- We forecast monthly sales to grow and reach HKD 600 thousand in the next two months as well.
- Competitors in the area are minimal, providing a strong market position.
- We receive 50+ walk-ins everyday and focus on efficiency in our staff, this helps us achieve a high revenue with just 13 staff members.
- Business has General Restaurant License, Liquor License, Certificate of Incorporation, and Business Registration Ordinance.
- The business started operations in the middle of last year and in those few months we did about HKD 3 million of sales.
- We had our highest sales in December at HKD 700 thousand and now monthly sales have stabilized at HKD 500 thousand.
- Operating at breakeven now and will be operationally profitable within 2 months.
- We forecast monthly sales to grow and reach HKD 600 thousand in the next two months as well.
- Competitors in the area are minimal, providing a strong market position.
- We receive 50+ walk-ins everyday and focus on efficiency in our staff, this helps us achieve a high revenue with just 13 staff members.
- Business has General Restaurant License, Liquor License, Certificate of Incorporation, and Business Registration Ordinance.
Products & Services Overview
Top selling items on the menu are pizza and pasta.Our pre-ordered chicken sandwiches are also famous.
Our customers are walk-in customers who come from the hotel and the surrounding 6 towers commercial and residential towers. We get regular office going customers at lunch time.
We sell alcohol as well.
Assets Overview
Tangible assets include the kitchen equipment, furniture and fittings across the 3,600 sq. ft. All the equipment and furniture are brand new and less than a year old.
Facilities Overview
- Seating capacity 70-80 pax.- Located at the podium level of a famous hotel in Cheung Sha, Hong Kong.
- Total 3,600 sq. ft. including a small terrace.
Capitalization Overview
- 100% of the business is owned by a single owner.- No loans under the name if the business.
Recent Activity
-
Earlier than 15 daysSales Director, Telecommunications, Hong Kong, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Hotel, Hong Kong, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Automotive Electronics, London, Individual Investor / Buyer connected with the Business
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