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Restaurant for Sale in Hong Kong

Non-operational authentic non-vegetarian Arabic restaurant in a commercial district in Hong Kong.
This transaction has concluded.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 64 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants
Locations Hong Kong
Local Time 9:16 AM Asia / Hong Kong
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 6.4 thousand (Native Currency: HKD 50,000)
Reason: The owner is based in Taiwan and it's becoming difficult to monitor the restaurant.
Includes physical assets worth USD 6.4 thousand
Interested to connect with advisors
Documents
Business Overview

- The restaurant has been non-operational since last month. While operational we used to serve non-vegetarian Arabic cuisine. The facility is on the 11th floor of a commercial building in a busy commercial district with many offices and shops. It is located very close to the MTR (Mass Transit Railway) station.

- Business owner and the head chef are both from the Middle East and are well-experienced chefs.

- The restaurant can accommodate up to 26 customers.

- We used to serve 35 customers daily, of which 5 of them were online orders. Additionally, we also used to provide 1-2 catering services to schools, hotels, and offices on a monthly basis.

- Have 4 / 5 ratings on OpenRice (well known food review web site in Hong Kong)

- Business owned assets include kitchen equipment, fridges, and furniture.

- Buyer will need to make further investments to get it operational. Additional investments will need to be made to buy equipment such as grill, oven, ice machines.

Products & Services Overview

- Non-vegetarian Arabic cuisine.

- Catering service.

- Deliveries.

Facilities Overview

Rented space of 700 sq ft for a monthly rent of HKD 35,000.

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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