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 Thai Restaurant Chain in KL for takeover, 3 outlets,1m p.a aka 20% p.a profits!

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TSThunderGod_Cid
post Nov 3 2019, 11:19 PM, updated 4y ago

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Joined: Jun 2009


We are looking for an investor or a group of investors to take over a chain of 3 Thai street food restaurants in the Klang Valley

Location : Sea Park, Subang SS14, Sri Petaling

Turnover figures for the year of 2017 and 2018 based on the 2(Seapark + Subang SS14) thai restaurants are 3mil/year.
Nett profit was 500k for two restaurants per year inclusive of a director’s salary of 180k. Books for third restaurant is not ready yet as the Sri Petaling branch opened only last August.

For the two thai restaurants in KL, monthly costs are rent 14k, salary 33k, utilities 5k.

Cost of food is roughly 30-40%.

Kindly take note that there are constant inquiries on franchising for KL side and you are able to open that up with a 300-400k licensing fee. There were enquiries from kota damansara, klang, old klang road and ampang recently.

Entire operations will be handed over and we will teach you how to run it. The shops are currently set on autopilot without hassle.

Reason for sale : Builder Entrepeneur, we build, we sell. We also started an award-winning premium Thai Restaurant that was started and sold 5-6years ago, and it's still running on with the new management.

No particular reason for sale, but if the reserve price is met, why not? smile.gif

Asking price is 4.6m for the entire lot inclusive of all rent and utility deposits, excluding cash in hand.

More details, photos, menu, pricing and videos are available upon by request via whatspp only.

I am reachable at 012-9096996.

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This post has been edited by ThunderGod_Cid: Nov 5 2019, 12:31 AM

 

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