Restaurant for Sale in Air Itam, Malaysia
For-Sale: Chinese steamboat restaurant located in Penang with a panoramic view of Kek Lok Si.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 424 thousand |
| Run Rate Sales | USD 424 thousand |
| EBITDA Margin | 20 % |
| Industries | Restaurants |
| Locations | Air Itam |
| Local Time | 9:07 AM Asia / Kuala Lumpur |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
71 thousand
(Native Currency: MYR 300,000)
Reason: Owners have other businesses to focus on.
Includes physical assets worth
USD
23.6 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Located at a prime tourist spot in Penang with a panoramic view of Kek Lok Si.
- Operates as a Chinese food restaurant (Steamboat) and a versatile event space.
- Annual sales exceed MYR 1.8 million, showcasing strong financial performance.
- Accommodates 200 patrons, providing a spacious and comfortable dining environment.
- AOV is MYR 600 per table, indicating robust customer spending.
- Processes over 30 orders per day, with a mix of walk-ins and delivery partnerships.
- Holds essential licenses including food safety, business permit, and business license.
- Attracts diverse customer segments, including wedding venue clients.
- Collaborates with third-party delivery services like GrabFood for extended reach.
- Emphasis on customer satisfaction for both wedding venue clients and steamboat enthusiasts.
- Operates as a Chinese food restaurant (Steamboat) and a versatile event space.
- Annual sales exceed MYR 1.8 million, showcasing strong financial performance.
- Accommodates 200 patrons, providing a spacious and comfortable dining environment.
- AOV is MYR 600 per table, indicating robust customer spending.
- Processes over 30 orders per day, with a mix of walk-ins and delivery partnerships.
- Holds essential licenses including food safety, business permit, and business license.
- Attracts diverse customer segments, including wedding venue clients.
- Collaborates with third-party delivery services like GrabFood for extended reach.
- Emphasis on customer satisfaction for both wedding venue clients and steamboat enthusiasts.
Products & Services Overview
- Chinese steamboat restaurant.- Wedding venue customers.
- Steamboat customers.
Assets Overview
- Renovated interiors.- Bar counter.
- 2-door counter chiller (x2)
- Meat cutter machine.
- Fish steamer (x2 units)
- BBQ burner gas (x1)
- Mixer bakery machine (x1)
- 4-door upright chiller (x4)
- Food trolley (x5)
- Chest freezer (x5)
- Standing air conditioner (x5)
- Wall air conditioner (x2)
- Tabletop vacuum packing machine (x1)
- Ice-cream freezer (x2)
- Wood table & chair (20 sets)
- Full set steamboat pot, gas stove, utensils.
- POS system, cashier, iPad (x2)
Facilities Overview
Located in Penang South.Sq ft area of 10k.
The rent per month is MYR 30k.
Capitalization Overview
Funded by shareholders' capital.No loans or debts.
We have only 4 shareholders.
Recent Activity
-
Earlier than 15 daysMarketing Manager, Garment Trading, Batu Pahat, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysAccounts Executive, Business Consultancy, Air Itam, Individual Investor / Buyer connected with the Business
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