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 72,000.00

1301001 Restaurant in Kula Lumpur suitable for Foreign Owner

0601301001a
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Description

Restaurant in Kula Lumpur suitable for Foreign Owner
Listing No. 060-13-01-001

• Business: Restaurant
• Location: Kuala Lumpur, Malaysia
• Features: This restaurant, with a seating capacity of up to 70 began operations in 2015 and, due to the owners’ other business commitments overseas, ceased trading in September 2019. Being fully equipped and furnished, although the restaurant is no longer trading, it is setup and ready to go for a new owner. It is ideal for foreign ownership as all licenses are current (DBKL, ESD, Annual Audit and Tax Paid, etc), there is an active bank account and of course a company (with approved capital of MYR 1,000,000). This restaurant is more or less ‘turnkey’ for foreign investors wanting to domicile and work in Kuala Lumpur as it would save them a lot of time and effort in establishing all of the necessary documents to comply with immigration requirements. When open, the restaurant supported 3 full-time and one part-time staff. The restaurant is located well and is very nearby a major university. With very low rent and a 2-year renewable lease, the restaurant owners are pleased to offer you this excellent opportunity at a realistic price. As the restaurant is now closed, please contact us for a viewing. The owner will assist with transitioning. Financial records are not available as the business no longer trades. An inspection may be arranged after completing a Non-Disclosure Agreement (NDA) and providing proof of funds.
• Tenure: Business Sale and Rent (Leasehold Premises). 2 years with option to renew (Rolling Lease)
• Asking Price: MYR 300,000
• More Information: Please provide your name, phone number (with country code) and email address so we can contact you to assist

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Listing ID: 8225e6728f45715e

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