Established Restaurant in Orchard Seeking Takeover or investments for further growth
- Date Listed12/07/2019
Established Steakhouse seeking Takeover as owners wishes to seek new ventures or retire. Company has been in operation for 22 Years, rare location in orchard Road sandwiched between St Regis hotel, Shangri La hotel, Orchard hotel and Orchard Rendezvous hotel. Total Space is 3188 Sq ft and rental is about 68,000 Per month. Newly renovated, ideal for western concept or Korean /Japanese concept. Surrounded by many offices and patronage is very stable. looking for a $1 million for take over of restaurant (inclusive of existing kitchen equipment and restaurant seating) Fully functional, strong following and as located in hotel, easy to set up deals with hotel sales for functions and seminars. On going rental with landlord for two more years. only requirement is transfer of licenses to ensure smooth operations.