Brochures

$550,000

Popular Chinese seafood & yum Cha restaurant

Short Summary

Buzzing, busy authentic Chinese seafood and yum Cha restaurant with an excellent local loyal customer base.

Key Selling Points

Established brand
Low Overheads
Low working capital requirements
Cashflow Positive
Low Rent
High Profit Margins

Buzzing, busy authentic Chinese seafood and yum Cha restaurant, with an excellent local loyal customer base. All staff including chefs agreeable to stay on with new owner. Exciting opportunity for passive income and under management.

Restaurant serving Authentic Chinese seafood Cuisine and yum Cha daily. Fully licensed. – Fully equipped kitchen. – 120 comfortable seats inside and outside.

Potential
Extend trading hours to include super and evening yum Cha.

Large size (300m) and newly refurbished restaurant. – Well-known to locals. – Zero competition. – Super Low rent with a long lease.

Contact Henry Chow 0421 040 857 | Jeevesh Thaman 0451 559 383

Asking $550,000

Ref. no. BUY2182

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Property Features

Henry Chow

0421 040 857

Fluent English, Cantonese, Mandarin. Henry was the sole founder of CarrierNet Corporation which was merged into the Ariane Group in 2006 and listed on the Singapore Exchange. The Company was renamed as CarrietNet Global Limited in 2008. Henry has completed transactions in many countries including Australia, China, Hong Kong, Taiwan, Japan, USA, Indonesia, Philippines, Korea, Pakistan, Zambia, Nigeria, South Africa, India, Nepal, Laos, Cambodia, Vietnam, Dubai, Kyrgyzstan, Kazakhstan, Singapore and Thailand. The aggregate transaction size of all the deals that Henry has worked on exceeds US$100 million. Henry has built strong relationships with a large number of relevant business people and organizations in many Asian countries. He has also developed an intimate understanding of how business is conducted in these countries. From 2001 to 2010, he was then Chief Executive Director of CarrierNet where he led the products, sales, business development and commercial operations of the business. Through a successful merger and acquisition transaction, CarrierNet was renamed as CarrierNet Global Limited, listed on the CATALST board of the Singapore Stock Exchange in February 2008. Henry was appointed as the Chief Executive Officer and Executive Director of CarrierNet Global Limited where he was primarily responsible for driving the Group’s vision, growth and profitability, and held a key role in executing the business plan, driving sales performance and building strategic alliances. From 2011 onwards, Henry acts as the Chairman and Executive Director of Cacola International Furniture Limited which is a Singaporean Main Board listed company and he was responsible for charting and implementing new business strategies and setting an innovative direction for the future of the Group. Henry has years of experience in capital markets, finance and information technology industries through his works at ANZ Bank, National Australia Bank, Hong Kong Telecom, Sterling Commerce, South China Group, Indonesian based PT. Atlasat Solusindo Group, CarrierNet Corporation Limited, Primax Investment and Capital Limited. Henry was one of the founding directors of the Indonesian PT. Atlasat Solusindo Group and he founded Hong Kong based CarrierNet Corp. Limited in 2001, a licensed telecom and IP based carrier offering discounted niche routes to global markets. Henry graduated from the University of Minnesota with a Bachelor of Computer Science degree. Henry is heads and shoulders above the rest when it comes to selling within the Asian community both locally and abroad!

Popular Chinese seafood & yum Cha restaurant

Confidentiality Agreement

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Property Features