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Restaurant for Sale in Hong Kong Island, Hong Kong

For Sale: Top rated restaurant in Hong Kong that receives 20-50 daily customers.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 190 thousand
EBITDA Margin 10 - 20 %
Industries Restaurants
Locations Hong Kong
Local Time 3:24 AM Asia / Hong Kong
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 64 thousand (Native Currency: HKD 500,000)
Reason: Co-owner and head chef is retiring.
Includes physical assets worth USD 32 thousand
Documents
Liquor License
Food License
Business Overview
- Restaurant business that serves southeast Asian and Filipino cuisine, and has a full-fledged bar.
- Located in the heart of the Wanchai foodie district, which is a very popular region in Hong Kong that is surrounded by restaurants.
- The restaurant has a seating capacity of 20 pax.
- Receive between 20-50 customers on a daily basis.
- Buyer can buy the entire business as is, including name / company / bank account or just the premises lease / facilities / equipment without a name, up to buyer depending if they want to keep the same cuisine.
Products & Services Overview
South East Asian and Filipino cuisine, serve alcohol, and cater to private parties and catering for events.
Assets Overview
Fully operational kitchen, licenses for food and liquor and 2 year lease fixed.
Facilities Overview
Property is rented and has an area of roughly 400 Sq. Ft. on the ground floor.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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