Selling a business
Is there a restaurant group for sale in Singapore?
Yes. Project Nutmeg is a Singapore restaurant group with ten outlets and a central kitchen, and the whole business is for sale now.
The group operates nine trading restaurants and one temporarily closed site, spread across shopping malls and HDB neighbourhood centres. It also runs a central kitchen. FY2025A revenue was S$16.8m, up from S$15.5m the prior year, with an adjusted EBITDA of S$1.10m on a 6.6% margin.
The seller has appointed advisers and the transaction can be structured as either an asset and operations sale or a full share sale. Revenue has grown 42% from FY2023A to FY2025A on management accounts.
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