Singapore  Singapore

Sell a Business

Listing ID: 14486 Last Refreshed: 20/05/2019 Total Views: 6355

Established Crepe Shop. Good Location. Low Takeover Fee. Avail Immed

Central Area

Asking Price: Under S$50K
  • Premise Type N/A Premise Size N/A
  • Monthly Rental S$5,200 Rental Desposit N/A
  • Revenue N/A Cash Flow S$5K - 10K
  • Gross Profit N/A Net Profit N/A
  • Stock S$1,500 Liability N/A
  • Payable N/A Receivable N/A
  • FFE S$30,000*** Established 2015
  • Owner Role Full Time Staff 0
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Email Owner

Reason For Sale

Relocate

Description

Established crepe shop located at The Cathay, Handy Road. Remaining lease period of 3 months at this location, and a remaining franchise term of 12 months regardless of location. Due to other commitments, we are seeking for serious buyer to take-over current location and also continue our remaining franchise term at a reasonable fee together with the inclusions of all equipment and fixtures. At the end of lease period for current location, buyer will just need to source for a new location, and once equipment and fixtures all moved over to new location, store operations can continue to run straightaway. 


Our crepes are well-loved by all, regardless of ages and genders. Customizable toppings on crepes to fit everyone's tastebuds. Raved by moviegoers for years; shop has been around at The Cathay for more than 3 years, and there are 6 other outlets in Singapore. Quality food guaranteed.


Most of our customers, if not all, purposely make a trip to our location to catch their weekly movie outings just because of our crepes! This further emphasizes the excellent quality of our crepes!


Crepes and drinks sold in the shop are allowed in the cinemas - a PERK and uniqueness of location - the only cinema in Singapore to allow food other than popcorns inside their cinemas. Most of our customers, if not all, purposely make a trip to The Cathay to catch their weekly movie outings just because of our crepes!

Crowds are always expected during weekends, eve of PH, PH, school holiday periods, and festive seasons. Holiday season will bring even more moviegoers with throngs of children! 


Training is provided, and shop is well-staffed. Staff also open to move to store's new location if it's not too far from their homes. Franchisor will also provide logistics for social and/or corporate functions that hire "mobile" crepe carts for their events. Where possible, bulk orders are also a huge potential to increase adhoc sales revenues.


Shop is fully fitted with 3x industrial grade French-manufactured crepe machines, 2-door chiller, Arizona drinks fridge, Mingo Ice-Cream freezer, multiple cabinets for ingredients storage, a storeroom with 2x floor-to-ceiling racks for inventory storage, and a mini office space. Shop space all extremely well-maintained with A-grade cleanliness quality. 


Stock sufficient for takeover month also included in the takeover fee. Fuss-free takeover, available immediately, just continue at current location until August, then source for new prime location, undergo on-the-job training, and run business as usual. Contact for more information. Open for further negotiation.


Business Operation

Yes, this is franchise business.
Franchise
Provided
Supporting and Training

Property Information

Rent
Premise Status
Yes, it can relocate to other place
Relocatable
Email Owner
Your Name*
Mobile Number*
Email*
Message

Just a moment... we are processing the request