Businesses For Sale in SingaporeSingapore

Listing ID: 14486
Total Viewed: 4896
Last Refreshed: 18/02/2019

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

Central Area, Singapore

Asking Price : Under S$50K

Revenue: Not Disclosed

Cash Flow: S$5K-10K

Payable: Not Disclosed

Established: 2015

Gross Profit: Not Disclosed

Inventory: SGD1,500***

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: SGD30,000

Staff: Not Disclosed

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

***NOT included in asking price

Reason To Sell
Relocate
Business Description

Established crepe shop located at The Cathay, Handy Road. Remaining lease period of 7 months at this location, and a remaining franchise term of 16 months regardless of location. Due to other commitments, we are seeking for serious buyer to takeover 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 Operations
Supporting and Training:
Provided
Staff:
Not Disclosed
Property Information
Premise Status:
Rent
Rental Fee:
SGD5,200
Relocatable:
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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