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Authentic Chinese Chuan Chuan Hot Pot Restaurant @ Johor Bahru (3 floor shop lot)
447
Johor Bahru, Johor, Malaysia
Selling Off 100% Retail

Business Overview
- An authentic Chinese Chuan Chuan Hotpot business in Johor Bahru, Johor.
- Business just newly establish since 2020. (Only operated 2 weeks, all business assets and renovation are still in tip top condition.)
- Asking price including the brand and all assets.
- Shop lot size is approximate 22 x 70 sq. ft. for each floor. (total have 3 floors shop lot: Ground and 1st floor are operating zone while 2nd floor is hostel.)
- Total rental per month is RM 8,500 for all 3 floors.
- Tenancy agreement period is 8 years. (Negotiable with landlord.)
- Customer average spending is approximate at RM 70 per customer.
- Selling prices included branding transfer, royalties fee is 2 - 3% exclude deposit.

Business Offer
Selling 100% share

Company Entity
Sdn Bhd

Reason for sale
Due to Covid-19 Pandemic, owner oversea couldn’t return, big loss let go.

Financial
Yearly Revenue: RM 1,800,000.00

Business Size
Employees: 11 to 20 person

Assets

Strength & Opportunity
- Strategic location, business located in Mount Austin, a popular and well-known eating place among the local and tourist in Johor Bahru, high population and good traffic crowd.
- Good renovation and environment. (All are still in Tip Top condition.)
- Selling included all types of equipment, furniture and tableware.
- All-new system and facilities included lift.
- Fully equipped with nice renovation, ready to operate immediately.
- Offer including the everything approximate a total worth of RM 1,800,000.
- Training and coaching can be provided to the new owner.

Location
Asking Price
RM 450,000.00
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