Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
This restaurant boasts a strong profit margin, with documented financial performance indicating a monthly revenue between S$50K to S$100K and a gross profit of S$10K to S$20K. The establishment has effectively utilized popular delivery platforms, enhancing its market reach and customer satisfaction through quality food and exceptional service.
Occupying a 1000 sqft rented space, the restaurant benefits from an inviting neighborhood location that attracts both locals and visitors alike. The current owner, having dedicated 12 years to this business, is looking to sell due to ongoing challenges related to manpower management, making this a compelling opportunity for a new owner to step in and continue the legacy of quality dining.
This business is ideal for individuals or groups looking to invest in the food and beverage industry, particularly those with experience in restaurant management or a passion for Italian cuisine. The selling price of S$650,000 is negotiable, allowing for flexibility in the transition process.
Don't miss out on this chance to acquire a thriving restaurant with a solid reputation and significant growth potential in the Clementi area. This is a perfect opportunity for a serious buyer ready to capitalize on a well-established brand in the competitive food industry.
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