Description
An exceptional opportunity to acquire a well-established food and beverage enterprise operating multiple outlets within some of the city's most bustling and renowned food courts. The business specializes in serving popular and affordable rice-based meals, such as economy rice (cai fan) and nasi padang—staple choices in different high-footfall food courts—ensuring consistent customer demand and steady revenue. This business has consistently demonstrated robust financial performance and operational excellence.
**Reason for Sale:
-Lady owner is transitioning to a new life stage and seeks to dedicate more time to family commitments and also for health considerations. This decision stems from personal considerations. The business's performance, which remains strong and stable.
Sale Inclusions:
-All five fully operational food stalls with established brand identities.
-Complete operational setup, including kitchen equipment and fixtures.
-Proprietary recipes and supplier list.
-Existing rent deposits.
-Owner's commitment to provide training and operational insights.
-All current employees.
**Strong Financial Performance:
-Total Annual Revenue: SGD 3.7 million
-Total Annual Expenses: SGD 3.15 million (inclusive of rent, salaries, materials, and other operational costs)
-Net Annual Profit: SGD 550,000
**Business Highlights:
-Strategic Locations: Five outlets situated in prominent food courts known for their high daily foot traffic, ensuring a steady and diverse customer base.
-Popular Cuisine Focus: Specialization in economy rice (cai fan) and nasi padang—affordable, customizable, and staple meal options in Singapore's food courts.
-Consistent Demand: The affordability and variety of offerings ensure steady foot traffic and reliable daily sales.
-Reliable Workforce: Each outlet is staffed with dependable employees, contributing to smooth daily operations.
-Established Operations: Well-established systems in place require minimal effort from the new owner, facilitating a seamless transition.-
-Easy Management: Streamlined processes and standardized procedures across all locations make the business easy to manage.
**Efficient Operations:
-Established Management Structure: A well-defined management system ensures smooth operations across all outlets.
-Dedicated On-Site Teams. Each outlet is staffed with 3 to 4 team members. This staffing model balances workload effectively, maintaining high service standards while optimizing labor costs.
1 Head Chef
1 Chef cum Server
Up to 2 Servers
-Centralized Oversight: An experienced Manager oversees all locations, coordinating activities and ensuring consistent service quality.
-All current employees can continue under the new ownership, ensuring seamless operations; the existing owner will not retain any staff post-sale.
**ASKING PRICE: SGD $850,000 (negotiable)**
*The sale price INCLUDES all rent deposits, setup assets, and inventory; however, will be addressing separately during discussion process.
**Owner's Commitment to a Smooth Transition
-The current owner is a friendly and easygoing individua. She is fully committed to ensuring a seamless handover and is prepared to provide comprehensive support during the transition period. This includes training the new owner, introducing them to key supplier, and sharing operational insights to maintain business continuity.
Note: Financial figures and information presented are approximate and for general guidance only. Prospective buyers are encouraged to conduct their own due diligence and will have access to detailed financial records, including statements from food court operators, invoices, and staff pay slips, upon signing a Non-Disclosure Agreement (NDA). We assumes no liability for any inaccuracies or omissions in the information provided.
Sweden 
