Need help?

Restaurant for Sale in Hong Kong

For sale: Well-established western restaurant group with over 20 years' operations in HK.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 50 - 100
Legal Entity General Partnership
Reported Sales USD 5.8 million
Run Rate Sales USD 6.2 million
EBITDA Margin 10 %
Industries Restaurants
Locations Hong Kong
Local Time 12:23 PM Asia / Hong Kong
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 3.34 million (Native Currency: HKD 26,000,000)
Reason: - Shareholders are looking for retirement. - Listed by an advisor and they will not charge any fee ... View More
Includes physical assets worth USD 640 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Established for over 20 years, this western restaurant group in Hong Kong specializes in Italian cuisine, offering a diverse menu including a-la-carte options, weekend brunches, and seasonal chef specials.
- The restaurant features an extensive bar selection with high-margin beverage sales, including exclusive wine imports that enhance the dining experience.
- Serving a mix of locals, expatriates, and tourists between the ages of 30 and 50, this business caters to a broad demographic, ensuring a diverse customer base.
- The restaurant group operates in various dining formats, from casual chic to fast casual and quick service, accommodating customers' different preferences and dining styles.
- With over 110,000 customers served annually and a stellar gross margin of 80%, the business demonstrates robust financial health and resilience during post-COVID recovery.
- The establishment holds high ratings of 4.5/5.0 on major review platforms, showcasing a strong reputation and customer satisfaction.
- Featured in well-known magazines and newspapers, the restaurant group benefits from extensive media exposure, enhancing its brand visibility.
- The experienced founders bring decades of expertise from top international restaurants, providing a strong leadership foundation for continued growth and development.
- The business model is scalable, presenting opportunities for expansion into Mainland China and Southeast Asia, promising significant growth potential for investors.
Products & Services Overview
- Italian cuisine: A-la-carte menus, weekend brunch, and seasonal chef specials.
- Bar offerings: Extensive wine list, exclusive imports, and high-margin beverage sales.
- Customer base: Mix of locals, expats, and tourists aged between 30–50.
- Dining formats: Casual chic, fast casual, and quick service.
- Serves veg and non veg options.
Assets Overview
Tangible assets:
- Interior and outdoor seating areas (total lettable area: 6,000+ sq. ft. )
- Kitchen equipment, furniture, fixtures, and POS systems.
Intangible assets:
- Fully operational restaurant venues in prime Hong Kong locations.
- All licenses: Liquor, fire, ventilation, general restaurant, and business registration.
- 20+ years of brand reputation.
- Exclusive supplier relationships.
- Proprietary recipes and chef-curated menus.
- Trained staff with long tenure.
- Digital presence: Thousands of social media followers, and high ratings on OpenRice and TripAdvisor.
- Marketing assets and media coverage.
- Customer loyalty and recurring clientele.
Facilities Overview
The restaurant group has several outlets (2-6) in premium locations with a total area of over 500 sqm. All are rented spaces.
Capitalization Overview
There are four shareholders and there is currently no debt in the financial statements.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
13 Buyers viewed this Business this week. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more