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Chinese Restaurant with Banquet Hall @ Kepong Baru (2 Units, Business Asset)
53
Kepong, Kuala Lumpur, Malaysia
Selling Off 100% Retail

Business Overview
- A popular Chinese restaurant serving Dim Sum and Cantonese cuisine in Kepong Baru, Kuala Lumpur.
- 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 (2 units), not including the brand.
- Total capacity of the restaurant is approximated 20,000 sq. ft., have 2 units (420 pax for restaurant, 500 pax for banquet hall, 80 pax for mini hall, 30 pax for 3 Private VIP Rooms).
- Rental per month is RM 35,000.
- Rental deposit is RM 111,000 (excluded in asking price).
- Customer average spending is around RM 40.

Business Offer
Selling 100% share

Company Entity
Sdn Bhd

Reason for sale
Due to the COVID-19 pandemic.

Financial
Yearly Revenue: RM 3,500,000.00

Business Size
Employees: 21 to 50 person

Assets

Strength & Opportunity
- Strategic location, located in a commercial area with shop lot surrounded.
- Come with a huge carpark, ease of parking.
- Good reputation built with regular customer.
- Fully equipped with nice renovation.
- 2 units of shop lot with big capacity which able to handle functions from weddings to corporate annual dinners and even weekend family gatherings.

Location
Asking Price
RM 250,000.00
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