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Restaurant for Sale in Sandakan, Malaysia

Established and well-known business among international tourists with great potential to develop into a franchise business.
This transaction has concluded.

Established 20-30 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 170 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 20 %
Industries Restaurants
Locations  Sandakan
Local Time 6:28 AM Asia / Kuching
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 170 thousand (Native Currency: MYR 800,000)
Reason: Difficulties in paying old debts and managing the business.
Includes physical assets worth USD 80 thousand
Documents
Outside View
Garden
Business Overview

- Restaurant business in Malaysia that has been operational for 18 years.

- We specialize in serving English, local Malaysian, Asian food and we also organize weddings regularly.

- Have 60 seats and during weddings, we can expand to 300 seats.

- We receive 2,000-3,000 customers per month during normal days.

- Have approval and design to construct a hotel at the same facility.

- Voted as the best restaurant by Malaysian Tatler magazine consecutively for 2 years.

- Facility has a great view from the hill, open space garden, covered seatings, space for garden weddings & other functions, croquet on the lawn.

- Business has well-trained staff with good experience in this field.

- Sales have reduced as we are catering to only online and take away orders due to Covid-19. Sales would increase once the pandemic has passed.

- Physical assets include furniture, kitchen equipment, interiors and other related items.

Products & Services Overview

- We serve English, local Malaysian and Asian food to our customers and we organize weddings regularly at our facility.

Facilities Overview

Rented 1-acre property with 2,000 sq ft built-up area.

Capitalization Overview
Not Disclosed
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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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