Businesses For Sale in SingaporeSingapore

Listing ID: 12902
Total Viewed: 11895
Last Refreshed: 19/09/2018

Franchisor Outlets For Takeover

Central Area

Asking Price : SGD60,000

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2018

Gross Profit: Not Disclosed

Inventory: SGD2,000

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: SGD120,000

Staff: 2

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

***NOT included in asking price

Reason To Sell
Diversion & re-focus of strategy
Business Description

About Tea Valley

Established in 1999, Tea Valley has served thousands of customers with our delicious offering of authentic, traditional Taiwanese cuisine made with tantalizing age old recipes. We offer customers the ultimate dining experience at the Tea Valley restaurant.


Savory Delights

With 19 years of culinary experience, Tea Valley has specialized in creating traditional Taiwanese dishes like Oyster Noodle, Braised Pork Rice and Crispy Salted Chicken bringing great recipe straight from Taiwan. In case you want to eat light food like snacks you can have the good taste and enjoy the mouth-watering Fried Tofu, Seaweed Fries, Fried Sweet Potato and Shiitake Mushrooms.


Refreshing Specialties 

Tea Valley has in store for you 8 ranges of beverages in 40 different flavors, made from high quality tea leaves that come all the way from Taiwan so you can sip absolute perfection in each drink. Indulge yourself in our renowned Red Tea, Green Tea and Milk Tea drinks. For an even more lip smacking taste, try Blended Ice, Milk Shakes, Special Mix, Scented Tea and Freshly Brewed Coffee.

 

Accolades & Reviews

Tea Valley is a winner of Singapore’s Best Food as well as the Best Culinary Skills awards. The restaurant has also been featured in renowned magazines like the I-Weekly, U-Weekly, 8-Day and Shin Min Paper. Over the years, we have garnered over 30 media reviews and thousands of positive customer feedback. 

  

Opportunities

The company's direction for the next 5 years is to focus on developing our franchise business. Hence the opportunity for our franchisees to acquire our existing outlets at Tiong Bahru Plaza, Downtown East and Clarke Quay Central. All these outlets are hand-picked, profitable and have developed a strong customer base over the years. 


Financial

Revenue is in the range of 

$500K-$600K for Downtown East 

$500K-$600K for Tiong Bahru Plaza

$230K-$250K for Clarke Quay Central 

 

Net profit is in the range of 16%-20%. 

Note: The price listed is for Clarke Quay Central outlet only. 


What You Will Get

The acquisition cost includes 

a. All renovation including furniture & equipment

b. 5 years license fee to trade under Tea Valley brand

c. Supply of key ingredients

d. Training on operational know-how

e. A&P support

f. Takeover of existing trained/experienced staff (optional)


You have to setup your own company and apply or takeover the following under your company name.

a. NEA license

b. SP account (for water supply)

c. Tuas Power or Keppel Electric account (for power supply)

d. Singtel account (for phone lines and Internet)

e. Novation of Tenancy Agreement 


Benefits

Ideal for small investment and/or new comers into F&B industry. The system is already established and idiot-proof. The learning curve is easier as compared to setup an all-new F&B establishment with lots of unknown factors. This is a very mature business with many years of track records in terms of reputation, popularity and profitability. 


We welcome interested party to contact us for detailed discussion. 


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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