We are a Chinese restaurant specialising in authentic Cantonese home-styled cuisine. We insisted on using all pour and natural ingredients in our dishes without any added preservatives.
The restaurant is strategically located in Penang town area and has built its reputation on its authentic way of cooking and taste.
Since the opening of our business, it has attracted certain groups regularly patronising the restaurant. Although it focuses on traditional cooking, the restaurant was managed using innovative marketing concept. We have a fully centralized kitchen and currently we have stalls in food courts too.
We also cater to vendors operating in eateries all over Penang under franchise. Reluctantly the business is being offered for sale by the owner due to lack of time in management.
The sale are inclusive of:
- lease on the premises (a 2-storey shop house, approx. 4000++ sq.ft.) at a very affordable monthly rental. The premises is newly refurbished and renovated (comply with the standard and legal specification rules);
- full air conditioning system ( 2 units 3.5hp central air cond, 3 units 2.5hp split air cond, 2 units 1hp wall mounted split air cond);
- a fully equipped functional kitchen with preparation area come with new kitchenware and tableware;
- existing fittings and furniture (tables, chairs and partial storage cabinets);
- POS system (hardware and software);
- stalls in food courts in existing condition and sustainable franchise with vendors;
- exclusive family-owned receipes to all the dishes printed on the menu;
- the restaurant full operational system, inclusive of work instruction, WI and standard operational procedures, SOP;
- legal documentation on the transfer of business (legal fees borne by seller);
- legal authorisation on the branding and all existing franchisee.
Currently the restaurant business is still running and successful buyer may consider continue the existing business operation.
Business seek for: Full sale of business
Percentage of stake: 100%
Selling Price/Loan Amount: MYR 220,000
Category: Sector & Category FOOD & BEVERAGE, ASIAN FOOD RESTAURANT
Annual Turnover MYR 0
Annual EBITA MYR 0