Singapore  Singapore

Sell a Business

Listing ID: 13261 Last Refreshed: 07/05/2019 Total Views: 13089

Fully Equipped Restaurant In Suburban Mall For Takeover

Yishun

Asking Price: S$80,000
  • Premise Type N/A Premise Size 700sqft
  • Monthly Rental S$11,000 Rental Desposit S$33,000***
  • Revenue S$200K - 500K Cash Flow S$50K - 100K
  • Gross Profit S$100K - 200K Net Profit S$50K - 100K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE S$100,000*** Established 2016
  • Owner Role Investor Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Not inlcude in the selling price
Hanson
Email Owner

Reason For Sale

Operator returning back to home country.

Description

- Surrounded by new BTOs and ECs and 3 private condos that are within walking distance.

- Mostly young executives with spending power.

- Dual entrance and can be operated 24 hour.

- Suitable for cafe, restaurant or coffee house.

- Minimal set up cost as the place is fully equipped.

- Takeover fees applies.

Business Operation

24 Hour
Business Hour
Depending on the concept, competition can be minimal.
Competition
Most shopping malls do not allow new F&B operators to enter the mall, unless you have a proven track record. If you are new to F&B scene, this is an excellent opportunity for you to use this as a stepping stone to operate in a shopping mall before embarking on expansion into other malls.
Expansion Potential
Experience in café/restaurant or coffee house operation.
Background & Skills

Property Information

Rent
Premise Status
3 years
Lease Term
Dual frontage, high visibility.
Premises Details
Email Owner
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Mobile Number*
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