Businesses For Sale in SingaporeSingapore

Listing ID: 14966
Total Viewed: 465
Last Refreshed: 10/01/2019

2 Established Cafes Selling Local Coffee/Tea With Local Food For Sale

Pasir Ris, Singapore

Asking Price : S$200K-500K

Revenue: S$500K-1M

Cash Flow: S$20K-50K

Payable: Not Disclosed

Established: 2005

Gross Profit: SGD100K - 200K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Part Time

Net Profit: SGD50K - 100K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 6

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

***NOT included in asking price

Reason To Sell
Personal reasons
Business Description

For personal reasons, owners are sad to sell off  a long etabllished cafe in the east and a newer establised cafe in the north side of Singpapore. Both cafes have loyal and good staff so owners don't need to be present.

Full cash paying business, with no visa or NETS.

A  5 day operation business for both cafes with no nearby competition.

Business will be profitable from the day the new ownersrs take over. With lots more room for growth this F&B business is a rare find and suitable for people who are passionate about the F&B business especially in the making of local coffee and tea and local cuisine. It is a business that has potential to franchise.

The owners are particular about who they would like to sell the business to so will only entertain those who are serious about the business.

Business Operations
Business Hour:
7.30am to 5.30pm Monday to Friday
Preferred Skills:
Someone with F&B experience would be advantageous but not required
Supporting and Training:
Self running but owner prepared to give a one month's training to buyer without experience
6 Local
Property Information
Premise Status:
Premise Size:
Rental Fee:
Rental Deposit:
SGD28,000 (NOT included in selling price)
Lease Term:
3 years
Yes, it can relocate to other place

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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