Malaysia
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Overview
Financial Performance
Revenue
RM10K - 20K
Gross Profit
Not Provided
Net Profit
RM10K - 20K
Monthly Rentalt
RM10,500
Business Operations & Assets
Staff
8 Employee
Year of Incorporation
2019
Owner Role
Full Time
Premise Type
Commercial Street
Premise Size
1370 sqft / 127 sqm
Rental Deposit
RM31,500
Business Details
Reason For Sale
Partner moving overseas due to spouse career prospect.
Description
The TEH TARIK PLACE (Signature Concept) restaurant business has been operating smoothly for the past 6 years. This franchise business's licensee has recently been renewed by the owners on last December 2024 due to profitable business and strong support from the Franchise company, The owners also operate other food related Franchise businesses. The decision to sell arises from a long-term planning from one of the partner's family to migrate. The recent opportunity with a career advancement for a partner's spouse prompted them to sell and move abroad.
The Tarik Place is a known brand, and this Signature outlet differs from its usual f&b offering within the same Teh Tarik Place outlets. The Signature outlet offers various Asian cuisine and Western foods. The company that owns the Teh Tarik Place brand also own TGI Fridays Malaysia, Italianas, and other premium F&B outlets in Malaysia.
The outlet is an end lot at a commercial neighborhood and the current rental is a bargain, especially if compared to other offerings in the market.
The Tarik Place is a known brand, and this Signature outlet differs from its usual f&b offering within the same Teh Tarik Place outlets. The Signature outlet offers various Asian cuisine and Western foods. The company that owns the Teh Tarik Place brand also own TGI Fridays Malaysia, Italianas, and other premium F&B outlets in Malaysia.
The outlet is an end lot at a commercial neighborhood and the current rental is a bargain, especially if compared to other offerings in the market.
Facilities
The entire shop with physical staffs already established. Ready to operate in the first day itself. The entire list will be given once sincere buyer approach us.
Franchise
Yes, this is franchise business.
Renewal every 5 Years. Recently renewed last December 2024. Another 4 and half years to go. The company may require stock deposit amounting to RM 30000.
Renewal every 5 Years. Recently renewed last December 2024. Another 4 and half years to go. The company may require stock deposit amounting to RM 30000.
Buyer Support & Terms
Support and Training
We will support the new owner with one week of training.
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