Restaurant for Sale in Singapore
Renowned prawn noodle shop in Singapore with annual revenue exceeding $1.1M and Michelin Bib Gourmand awardee.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 900 thousand - 1 million |
| Run Rate Sales | USD 1.02 million |
| EBITDA Margin | 10 - 20 % |
| Industries | Restaurants |
| Locations | Singapore |
| Local Time | 4:03 PM Asia / Singapore |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
1.54 million
(Native Currency: SGD 2,000,000)
Reason: The owner is looking to open an outlet with a different concept.
Includes physical assets worth
USD
62 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ACRA Certificate
(199.4 KB)
Business Overview
- The business is a renowned prawn noodle shop located in Singapore, with annual revenue exceeding USD 1.1 million.
- The product and service offerings include prawn noodles, seafood poached rice, and a variety of local food items.
- The establishment has received extensive coverage from prominent bloggers and food critics in Singapore, enhancing its brand visibility.
- As a Michelin Bib Gourmand awardee, the business has garnered recognition for its culinary excellence and quality.
- On average, the shop serves approximately 350 clients daily, with about 20 to 30 orders received online, while the majority of customers walk in.
- The seating capacity of the restaurant can accommodate up to 60 customers at a time, providing ample space for dine-in patrons.
- Our 8 employees are efficient and experienced in handling the business needs.
- Business has an ACRA registration certificate to operate.
- The owner is open to sharing the recipes and all social media accounts of the business.
- The product and service offerings include prawn noodles, seafood poached rice, and a variety of local food items.
- The establishment has received extensive coverage from prominent bloggers and food critics in Singapore, enhancing its brand visibility.
- As a Michelin Bib Gourmand awardee, the business has garnered recognition for its culinary excellence and quality.
- On average, the shop serves approximately 350 clients daily, with about 20 to 30 orders received online, while the majority of customers walk in.
- The seating capacity of the restaurant can accommodate up to 60 customers at a time, providing ample space for dine-in patrons.
- Our 8 employees are efficient and experienced in handling the business needs.
- Business has an ACRA registration certificate to operate.
- The owner is open to sharing the recipes and all social media accounts of the business.
Products & Services Overview
Prawn noodles, seafood poached rice, local food.
Assets Overview
Physical assets include 15 tables and all equipment.Intangible assets include recipes, and social media accounts of the business.
Facilities Overview
The facility is 2,100 square feet with a monthly rent of SGD 13,500, located on Macpherson road.
Capitalization Overview
- The business has 2 shareholders with 45 and 55 shares respectively.- The business is self-funded but has an existing bank loan of SGD 800k.
Recent Activity
-
Earlier than 15 daysAssociate Partner, Investment Firm, Singapore, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysBusiness Broker, Singapore, Business Broker connected with the Business
-
Earlier than 15 daysPrincipal Consultant ( Business Broker), Singapore, Financial Consultant connected with the Business
Tags:
Fine Dine Restaurant for Sale in Singapore
·Purchase Fine Dine Restaurant in Singapore
·Casual Restaurant for Sale in Singapore
·Purchase Casual Restaurant in Singapore
·Buy Fine Dine Restaurant in Singapore
·Buy Casual Restaurant in Singapore
·Restaurant for Sale in Singapore
·Purchase Restaurant in Singapore
·Fine Dine Restaurant for Sale
·Buy Restaurant in Singapore
·Casual Restaurant for Sale
·Restaurant for Sale
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
5 Buyers already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 122,500+ other businesses of all sizes.
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