Businesses For Sale in SingaporeSingapore

Listing ID: 14526
Total Viewed: 3851
Last Refreshed: 03/01/2019

Famous Korean Dessert Cafe (Ice Lab) In Bugis For Sale

Central Area

Asking Price : S$200K-500K

Revenue: S$200K-500K

Cash Flow: S$200K-500K

Payable: Not Disclosed

Established: 2012

Gross Profit: SGD200K - 500K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD200K - 500K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 7

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

***NOT included in asking price

Reason To Sell
Business Objective Achieve
Business Description

This is a great opportunity to take over a dessert cafe specializing in Korean shaved ice "Bingsu".  Originally established by a famous Korean celebrity, Ice Lab has been marked as the Bingsu dessert cafe in Singapore and began its journey at Orchard.  This store is located in the heart of Bugis with very good foot traffic and well established steady, loyal customers.  Over 2,000 Instagram followers, this opportunity is for those willing and passionate soul who wants to bring this business to the next level.  This is a full takeover, including all the kitchen equipments, espresso machine, brand, trademark etc.  

Basic details are as below:

  1.   Location - 164 Rochor Road (Bugis Village, right next to KFC), 188439

  2.   Level - 1st storey (very good foot traffic in Bugis)

  3.   Floor Area - 1,378 sqf. 

  4.   Term lease - effectively secured until April 2021. 

  5.   Monthly rent - (only disclosable to interested/serious buyer, but very manageable). 

  6.   Take over price - (subject to negotiationa/discussion)


Business Operations
Business Hour:
11am ~ 11pm
Preferred Skills:
FNB experience and education.
Supporting and Training:
All fully trained and operational.
1 Local, 1 Foreigner, 5 Part Time
Property Information
Premise Status:
Premise Size:
Rental Fee:
Rental Deposit:
SGD0 (NOT included in selling price)
Lease Term:
2 years
Premises Detai:
Bugis Village.
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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