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 Looking for buyer FnB business, [wts] FnB business for sale

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TSsmnchua
post Dec 19 2015, 08:46 AM, updated 10y ago

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From: kayelle


Im having an FnB business in Genting Klang area and willing to let go at reasonable price.

Currently tied up with new work with constant travelling and not much time to take care of the business.

Interested party kindly pm for more details.


Industry: FnB (Mixed Rice Restaurant)
Business Age: 1 year +
Average Net profit per month: 5-13%
business initial setup cost: 235k
Location: Genting Klang with high density of local population and TARUC students

Selling price: 130k 90k

Advantage:
supplier list provided
workforce available for daily operation

This post has been edited by smnchua: Mar 6 2016, 10:31 PM
fattchai
post Dec 27 2015, 05:11 PM

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Hi, PM for details.. What kind of FnB is that?
TSsmnchua
post Dec 27 2015, 10:58 PM

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pm replied.
kelvinling
post Dec 31 2015, 02:28 PM

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kindly pm details. thank you.
TSsmnchua
post Jan 1 2016, 10:29 AM

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PMed
FlamingIT
post Jan 2 2016, 05:57 PM

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pm

TSsmnchua
post Jan 4 2016, 10:29 AM

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pmed
wodenus
post Jan 12 2016, 08:47 PM

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your 5-13%, is that gross or net?
CheesePie
post Jan 13 2016, 10:28 AM

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TSsmnchua
post Jan 23 2016, 09:48 AM

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QUOTE(wodenus @ Jan 12 2016, 08:47 PM)
your 5-13%, is that gross or net?
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It's Net Profit. Updated.
wodenus
post Jan 23 2016, 10:30 AM

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QUOTE(smnchua @ Jan 23 2016, 09:48 AM)
It's Net Profit. Updated.
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Ok now 5% of 235k is about Rm12,000 a month. Take that money and use say Rm4K to hire someone to take care of it and report to you. You still end up with Rm7K a month passive income. Any caveats btw?

TSsmnchua
post Jan 23 2016, 10:59 AM

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The net profit percentage is based on monthly revenue.

Meaning the returns are 5-13% of your monthly sales and not based on the initial setup cost.
Roshanhunter
post Jan 24 2016, 06:31 PM

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Pm for details
airtawarian
post Jan 24 2016, 09:34 PM

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pm
gamestotal
post Jan 24 2016, 10:41 PM

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QUOTE(smnchua @ Dec 19 2015, 08:46 AM)
Im having an FnB business in Genting Klang area and willing to let go at reasonable price.

Currently tied up with new work with constant travelling and not much time to take care of the business.

Interested party kindly pm for more details.
Industry: FnB
Business Age: 1 year +
Average Net profit per month: 5-13%
business initial setup cost: 235k
Location: Genting Klang with high density of local population and TARUC students

Selling price: 130k

Advantage:
supplier list provided
workforce available for daily operation
*
calculations:
13% of 235k = 30.55k

technically your selling price 130k comes up to 4.2 months. you mention that you dont have the time to run it, can i ask why u wish to sell the business rather than to hire a manager to run it?
darx84
post Feb 22 2016, 10:06 AM

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what is the average monthly revenue?

 

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