Chinese Restaurant with Ballroom and Banquet @ Ipoh (3 Units, Business Asset)
1504
Ipoh, Perak, Malaysia
Selling Off 100% Retail
Business Overview
- A popular Chinese restaurant serving Dim Sum and Cantonese cuisine in Ipoh, Perak.
- An established and well known outlets for functions and Dim Sum.
- Able to handle functions from weddings to corporate annual dinners and even weekend family gatherings.
- Has been operated more than 10 years.
- Asking price is for business asset only (3 units), not including the brand.
- Total capacity of the restaurant is approximated 24,000 sq. ft., have 3 units (220 pax for restaurant, 60 pax for 3 Private VIP Rooms, and 600 pax for ballrooms).
- Rental per month is RM 54,000.
- Rental deposit is RM 155,000 (excluded in asking price).
- Customer average spending is around RM 60.
Business Offer
Selling 100% share
Company Entity
Sdn Bhd
Business Highlights
Due to the COVID-19 pandemic.
Financial
Yearly Revenue: RM 3,900,000.00
Business Size
Employees: 21 to 50 person
Assets
Strength & Opportunity
- Strategic location, located at Coliseum Square, a commercial building with offices and restaurants inside, next to Impiana Hotel and and very near to the round about.
- Good reputation built with regular customer.
- Fully equipped with nice renovation.
- 3 units of shop lot with big capacity which able to handle functions from weddings to corporate annual dinners and even weekend family gatherings.