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Listing ID: 2559 Total Viewed: 776

Bistro At Fast-Growing Punggol Area Available For Take-Over

Punggol, Singapore

Asking Price : Under SGD50K

Revenue: SGD20K - 50K

Cash Flow: SGD10K - 20K

Payable: SGD0***

Established: 2015

Gross Profit: SGD5K - 10K

Inventory: SGD5,000***

Receivable: SGD0***

Owner Role: Part Time

Net Profit: SGD5K - 10K

Liability: SGD0***

FFE: SGD35,000***

Staff: 5

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

Reason To Sell
Lack of Time due to Family Commitments
Business Description

This is a charming Western-style casual bistro set in the rustic greenery near Punggol Point Park. Established since 2012, it serves a good selection of  Western food/ finger food and a generous variety of beers. Perfect for family and friends dining in a casual and relaxing environment. A nice get-away from the bustle of city life and an "unpolished gem" of a location - some call it. Priced at SGD 30-55k, it is an excellent choice for those seeking business opportunities within the F&B industry with low start-up cost compared to starting a restaurant from scratch. The sale may include a one-month training during the transition for a smooth take-over. A location with great potential. 


Business Operations
Business Hour:
Weekdays 12 noon - 11.30pm; Weekends/PH 9am - 12.30am
Preferred Skills:
Nil - but interest and passion in the FnB business are necessary prerequisites.
Supporting and Training:
1 month training may be provided depending on extent of take-over package
Staff:
1 Local, 1 Foreigner, 3 Part Time
Property Information
Premise Status:
Rent
Premise Size:
800sqft
Lease Term:
End Oct 2017
Premises Detai:
Set within Punggol Ranch, it is within very close proximity to car parks, open space, waterfront and strolling/jogging/cycling path in the park. Amenities such as washrooms available nearby.
Other Information
Facilities:
Kitchen equipped for food preparation/ storage, bar counter for drinks preparation with glasses and cutlery, music equipment for live entertainment (optional), furniture and fittings.
Competition:
Eateries at the Punggol Settlement - competition but has also helped to lift the profile of the entire area.
Expansion Potential:
Delivery and take-aways, corporate events, birthdays and other events, ladies' night, any other activities that bistro host/hostess can creatively think up.

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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