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Listing ID: 1579 Total Viewed: 3253

Bar/Restaurant For Sale On Duxton Road $75000

Central Area, Singapore

Asking Price : SGD75,000

Revenue: SGD20K - 50K

Cash Flow: SGD50K - 100K

Payable: Not Disclosed

Established: 2013

Gross Profit: SGD10K - 20K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD5K - 10K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 5

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

***NOT included in asking price

Reason To Sell
expanding into other areas
Business Description

Company is expanding into other areas and would like to immediately sell outlet on Duxton Road. Successful bar, loyal clientele, excellent location in growing area. Located in heritage shophouse. Rent is $7600 with 13 months left remaining on lease.  This is an asset sale; includes assignment of lease, licenses, fixtures and furnishings.

Cash payment required - serious buyers only who want a quick transaction.

Business Operations
Supporting and Training:
1 Local, 1 Foreigner, 3 Part Time
Property Information
Premise Status:
Premise Size:
Rental Fee:
Rental Deposit:
SGD15,600 (included in selling price)
Lease Term:
expires May 2016

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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