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Location: 152A, Level 1, The Curve, Mutiara Damansara, Petaling Jaya, Selangor, (Next to MRT Station Mutiara Damansara)
Description: Korean Fried Chicken Restaurant all set-up.
Having seating capacity for up to 90 Customers.
Full equipped Kitchen with equipments and utensils on frying chicken, furniture, fittings, Pos System, electrical and cctv system.
Restaurant about 1200 sq. feet, tastefully renovated with cute Korean Fried Chicken theme and fully air conditioned.
Sale includes all equipments and utensils.
Sale includes all recipes, standard operating procedures, suppliers’ contacts & information and all quality system.
Chef is available if required.
Restaurant premises, under 2 plus 1 years lease with owner.
Available 1st July 2018 Asking Price RM 120,000 (Negotiable)
Contact: Elaine: 0163321448 E-mail: elaine_pee92@hotmail.com
Webpage: https://www.facebook.com/hyosunkoreanfriedchicken/?ref=br_rs
Reason: Owner have others business to ventures and also the main lacking of Human Labor.
Expecting Average about 60k Turnover with peak up to 100k.
Human Labor at the moment will be 6 in total. More than sufficient to cope with full crowd situation during Peak.
If interested please contact Ms Elaine at 016-3321448
Don’t leave regrets in your life if your dream is to open a restaurant.
We serve good korean fried chicken.
This is the best chance to own a restaurant immediately and continue the existing operation.
Business seek for: Full sale of business
Percentage of stake: 100%
Selling Price/Loan Amount: MYR 88,000
Category: Sector & Category FOOD & BEVERAGE, KOREAN FOOD RESTAURANT
Annual Turnover MYR 800,000
Annual EBITA MYR 600,000
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Receiving Party shall notify the Disclosing Party immediately upon discovery of any unauthorized use or disclosure of Confidential Information by Receiving Party or its Representatives, or any other breach of this Agreement by Receiving Party or its Representatives, and will cooperate with efforts by the Disclosing Party to help the Disclosing Party regain possession of Confidential Information and prevent its further unauthorized use.
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The parties agree that neither party will be under any legal obligation of any kind whatsoever with respect to a Transaction by virtue of this Agreement, except for the matters specifically agreed to herein. The parties further acknowledge and agree that they each reserve the right, in their sole and absolute discretion, to reject any and all proposals and to terminate discussions and negotiations with respect to a Transaction at any time. This Agreement does not create a joint venture or partnership between the parties. If a Transaction goes forward, the non-disclosure provisions of any applicable transaction documents entered into between the parties (or their respective affiliates) for the Transaction shall supersede this Agreement. In the event such provision is not provided for in said transaction documents, this Agreement shall control.
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(a) This Agreement constitutes the entire understanding between the parties and supersedes any and all prior or contemporaneous understandings and agreements, whether oral or written, between the parties, with respect to the subject matter hereof. This Agreement can only be modified by a written amendment signed by the party against whom enforcement of such modification is sought.
(b) The validity, construction and performance of this Agreement shall be governed and construed in accordance with the laws of Malaysia (state) applicable to contracts made and to be wholly performed within such state, without giving effect to any conflict of laws provisions thereof. The Federal and state courts located in Malaysia (state) shall have sole and exclusive jurisdiction over any disputes arising under the terms of this Agreement.
(c) Any failure by either party to enforce the other party’s strict performance of any provision of this Agreement will not constitute a waiver of its right to subsequently enforce such provision or any other provision of this Agreement.
(d) Although the restrictions contained in this Agreement are considered by the parties to be reasonable for the purpose of protecting the Confidential Information, if any such restriction is found by a court of competent jurisdiction to be unenforceable, such provision will be modified, rewritten or interpreted to include as much of its nature and scope as will render it enforceable. If it cannot be so modified, rewritten or interpreted to be enforceable in any respect, it will not be given effect, and the remainder of the Agreement will be enforced as if such provision was not included.
(e) Any notices or communications required or permitted to be given hereunder may be delivered by hand, deposited with a nationally recognized overnight carrier, electronic-mail, or mailed by certified mail, return receipt requested, postage prepaid, in each case, to the address of the other party first indicated above (or such other addressee as may be furnished by a party in accordance with this paragraph). All such notices or communications shall be deemed to have been given and received (a) in the case of personal delivery or electronic-mail, on the date of such delivery, (b) in the case of delivery by a nationally recognized overnight carrier, on the third business day following dispatch and (c) in the case of mailing, on the seventh business day following such mailing.
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(h) Paragraph headings used in this Agreement are for reference only and shall not be used or relied upon in the interpretation of this Agreement.
End of Contract.
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