Chinese Restaurant with Banquet Hall @ Kepong Baru (2 Units, Business Asset)

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  • Brand Name: Chinese Restaurant with Banquet Hall @ Kepong Baru (2 Units, Business Asset)
  • Company Entity Sdn Bhd
  • Industry Category Food & Beverages
  • Asking Price RM 250,000
  • Strength & Weaknesses - 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.
  • Reason of Selling Due to the COVID-19 pandemic.
Introduction

– 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.

Location
Ground and 1st Floor, Odeon Club, Jalan Ambong Kanan 1, Kepong Baru
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