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Penang Foodstall ( Sunshine Farlim Shopping Mall )
987
Gelugor, Penang, Malaysia
Selling Off 100% Retail

Business Overview
- 10 years Chinese Food Business For Sale ( the business is still running )
- Mainly selling economy rice, biscuits, nyonya kuih, herbal tea and other drinks, dessert.
- Mainly serving local communities and nearby office staff.

**Asking price is Not including rental deposit. Rental deposit around RM 15k. (including 2mths rental + utilities)**

Business Offer
Selling 100% share

Company Entity
Proprietorship

Reason for sale
Owner consider to sell off the business due to her health reason.

Financial
Yearly Revenue: RM 900,000.00

Business Size
Employees: 3 to 10 person

Assets

Strength & Opportunity
- Initial investment total worth RM 80,000
Renovation - RM 40,000
Equipment - RM 30,000
Stock/inventory - RM 10,000

- Capacity
Ground floor
Inside 480sqft + outside area 150sqft
Full capacity -22tables
50customers at full capacity

- Strategically located in Penang town area and has built its reputation on its authentic way of cooking and taste, Inside a Local Mall with Huge Customer Traffic & Shoppers

- Strong customer base /returning customer

- Strong supplier connection : With 15 years relationship

- Staff are well-trained with daily operation and been working with us at least 10 years. ( Can provide to new owner if necessary)

- Since the opening of our business, it has attracted certain groups regularly patronizing the stall.

- Profitable business - Consistent Sales and High Revenue from F&B ( from daily shoppers, existing customers, weekend sales and peak sales season)

- Fully equipped: Refrigerator, 1 big freezer, 3 medium freezer, tables and chairs, baking Owen, cooking equipment, stainless steel display cabinet etc

- Rental details: RM7,050

- Recipe will be included to new owner

- Business training and coaching can be provided the new owner

- Average spending cost: Rm10-Rm30/ customer , depending on the customer type - office, family, mall worker.

- Have lot customer takeaway instead of dining in..

Location
Asking Price
RM 120,000.00
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