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.
Business Operation
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.
Facilities
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.
Franchise
We will support the new owner with one week of training.