SGD20K - 50K
Reason To Sell
To try something else
A highly successful taiwanese street snacks food shop (take-away concept) for sale. Simple business model, as this is an established franchise brand. Take-away concept makes it a straightforward business to run as well.
Shop has been operating for 4.5 years at Serangoon Nex mall, located at one of the most desirable location within the mall itself. On the 3rd floor right in front of the 24-hour Fairprice Xtra, human traffic is heavy at any time of the day, everyday. Serangoon Nex mall has been recently revamped, with many new exciting shops in the mall itself (eg. H&M), thus increasing its popularity and crowd further.
The shop has been profitable since day one. What you can get are:
- Guaranteed customers base every day, due to the excellent location of shop, a large loyal customers base and well-established food brand;
- franchise licence paid for till June 2018! So you don't have to worry about forking out any money to renew your franchise licence till 3 years later;
- lease agreement with the mall till July 2016 (thus you can be assured no rental increment from now till then);
- with a few more condos TOP in the next 1-2 years (along Bartley Road), the crowd at Serangoon Nex mall will go up even more; and
- well-equiped shop as shop was recently renovated (which cost S$5,500), POS machine is new and hi-tech (which cost S$5,600) and equipment at the shop is replaced periodically to ensure smooth functioning of the business. All business equipment will be sold in its entirety with the shop, including any spare equipment available at home, we will hand over to you.
Purchase price excludes 6 months security deposit placed with the mall (S$43,200). Thus the total purchase price is S$124,200, but effectively your costs is still just S$81,000 as the S$43,200, you will get back from landlord ultimately.
2 Local, 5 Part Time
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