Company details:
1. Restaurant & cocktail bar
2. Seating capacity: 90
3. Area: 346 square meters
4. Lease: until may 2013
5. Location: 5-2 capitaretail mall, sanxia guangchang, shapingba, chongqing, China
6. Staff: 21 (including 2 management, 3 supervisory & 1 office administrator who have been with our company since opening in 2008)
7. Start-up capital: $200,000
8. Revenue: $347,572 (from April 2008 - September 2010)
9. Annual revenue increase: 2008 - 2009: 6.7%, 2009 - 2010: 9.91%

Offered in the sale are the following:
1. Fixed assets: (all) fixtures, furniture, white & gray appliances, air-conditioning units & ducting, ventilation system & ducting, piping, wiring, sound system, uniforms, stationary & captains order chits, pos system, crockery, cutlery, glassware, sprinkler system & fire safety kits, etc in kitchen, bar, dining area & office.
2. Current assets: (all) bar & kitchen inventory, pre-paid assets (including contracts paid up in advance: pest control, insurance)
3. Intangible assets: (all) trademark, skilled management team & staff, training manuals, marketing materials & templates, good relationships with suppliers, steady flow of regular customers, catering business.
4. 1 month full-time unpaid management help after settlement of handover, 6 months - 1 year unpaid remote consultation

Other goodwill measures will include:
1. Helping the new owners settle down personally
2. Introduction to regular customers, mall management company (capitaland), suppliers, etc.
3. Full briefing on promotions & commission-based sales

Our asking price for the sale of a taste of Singapore restaurant & cocktail bar as a going-concern is $200,000. (neg)

Contact Vickie Langton for more information on this restaurant for sale.