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    Successful Taiwanese Franchise

    • Asking Price
      HK$3.6M
    • Code
      FTAIKLD001
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    • Business Information
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    Description

    The restaurant business is notorious for failure. Statistics show that 60% of food service businesses don’t survive their first year. The high running costs (rent, salary, and raw materials) and heavy reliance on chefs are among the top risks faced by restaurant owners. A restaurant under a franchise is a much safer play as it eliminates most of the uncertainties in the equation. This Taiwanese franchise has been open for 5 years with consistent profits, but the current owners do not have enough manpower to continue operating.

    Competitive Advantage:

    • 5 years of business, stable customer base and profits
    • Restaurant is in areas with high foot traffic
    • Already fully decorated and well-equipped

    Development Potential:

    • Franchising rights on foreign catering brands
    • Easily replicable business model

    Potential Risks:

    • Many similar competitors, may need stronger marketing and publicity

    Things to Note:

    • The business is part of a franchise, therefore must be managed within the terms of the franchise contract
    • Can hire additional staff
    • Rental and utility deposits not included in asking price
    Business Information
    • Code
      FTAIKLD001
    • Asking Price
      3.6M
    • Avg Annual Turnover
      9.6M
    • Avg Annual Profit
      1.44M
    • Payback Period
      2.5 Yrs
    Rent
    • Rent
      HK$160,000
    Equipment & License

    POS System
    Gas
    Fridge
    Electric Stove
    License
    General Restaurant Licence
    Food Factory Licence

    Categories
    • F&B
    Sub Category
    • Taiwanese
    Region
    • Kowloon

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