Fully Renovated & Running Indian Banana Leaf Meals for take over or let go. Approximately RM200k spent for renovation & equipment.
Very strategic location & suitable for Cafe / Restaurant business. Surrounded by offices, shop lots, houses, condominiums, near LRT, budget hotels, bars & many more.
Advantage for buying :
- No headache for renovations & preparation, immediately can take over & run the business.
- Can own everything in good condition.
- The shop renovated with 2 bathrooms.
- Our design can make it filled up more then 50 pax customers.
- Regular & Walk in customers base & good reviews.
- All kitchen equipment are ready ( freezer, fridge, commercial sink, working tables, 3TV, tables & chairs, grease trap & ect...
Business seek for: Full sale of business
Percentage of stake: 100%
Selling Price/Loan Amount: MYR 120,000
Category: Sector & Category FOOD & BEVERAGE, INDIAN FOOD RESTAURANT
Annual Turnover MYR 360,000
Annual EBITA MYR 120,000
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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.
9. No Binding Agreement for Transaction.
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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(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.
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(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.
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