Businesses For Sale in SingaporeSingapore

Listing ID: 607
Total Viewed: 18094
Last Refreshed: 03/01/2019

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

Central Area

Asking Price : SGD450,000

Revenue: SGD100K - 200K

Cash Flow: SGD10K - 20K

Payable: Not Disclosed

Established: 2012

Gross Profit: SGD10K - 20K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD10K - 20K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 9

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

Reason To Sell
Business 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 Operations
Supporting and Training:
3 Local, 2 Foreigners, 4 Part Time
Property Information
Premise Status:
Premise Size:
Rental Fee:
Rental Deposit:
SGD390,000 (included in selling price)
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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