Sarawak Established Franchisor Quick Service Restaurant for Sale
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For Sale and Rent

Sarawak Established Franchisor Quick Service Restaurant for Sale

Listing Number:

  • 060-10-01-001

Asking Price:

  • MYR 770,000

Food and Beverages Restaurant
Sarawak Kuching

Business Details

Company:

  • Yes

Current Staff:

  • 12 Full-Time Salaried

Licenses:

The following licenses are included:
  • Other

Seating Capacity:
22 Tables.Seating for approximately 85 at:

  • Standard Tables

Property Details

Tenure:

  • Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease).

Rent:

  • MYR 10,235 per month. Payable monthly in advance

Security Deposit:

  • MYR 30,705.

Connected Utilities:

  • Power
  • Water
  • Internet

Stock:

  • Stock at the time of settlement is Included in the asking price

Price Negotiable:

  • Yes, near offers will be considered

Agent's Comments

This large seating capacity fast service restaurant has been established since 2009. Located prominently, it attracts locals and visitors to the area, with many repeat diners due to the strong franchise name and marketing. The restaurant owns and successfully trades under this brand and the brand/business has a franchisor license. The franchisor license (approved by Ministry of Trade), trading license, HALAL certification, SOP, recipes, system manual and company trade mark are all included in the asking price. The business is fully staffed and equipped, and has the ability to expand into other regions by franchising or opening of owned outlets. It is turn-key and has only become available for sale due to the owner's desire to retire. It has great continued growth potential, especially in development of the brand through franchising. Full financials are available and will be disclosed upon completion of a non-disclosure agreement and meeting with the owner.