Singapore  Singapore

Sell a Business

Listing ID: 607 Last Refreshed: 07/05/2019 Total Views: 19394

Extremely Profitable Restaurant & Bar For Sale!!!!!!! Owner Selling Only Due To Relocation

Central Area

Asking Price: S$450,000
Extremely Profitable Restaurant & Bar For Sale!!!!!!! Owner Selling Only Due To Relocation
  • Premise Type N/A Premise Size 2400sqft
  • Monthly Rental S$13,000 Rental Desposit S$390,000***
  • Revenue S$100K - 200K Cash Flow S$10K - 20K
  • Gross Profit S$10K - 20K Net Profit S$10K - 20K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2012
  • Owner Role Full Time Staff 7
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
ej philip joshua
Email Owner

Reason For Sale

relocation

Description

Located in the Heart of Singapore's iconic History.
Boat quay.
Size- 2400 ( 1200 per floor) excluding Outdoor seating ( 400sqft )
Takeover fees include;
-3 months deposit of 39k
-singtel,outdoor,credit card around 5k

-Restaurent & Bar runs on technology, Ipads to place orders, system to play music. All interlink.
system cost 65k 
-Renovation for both floors cost $180k
- Special beer delivery system that cost $20k
- kitchen equitments cost 60K
- pos system cost $22k
-CCTV system Cost $9k
- Furniture cost $ 42k

Many other items to mention. Total value of about $500k

Restaurant & Bar makes an average of 80-90k revenue per month.
Pizza delivery is being set up and that will add another 30-40k revenue.

100% good investment
 For details
nine wan seben fur wan too tree wan






Business Operation

yes
Supporting and Training

Property Information

Rent
Premise Status
Yes, it can relocate to other place
Relocatable
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