Businesses For Sale in SingaporeSingapore

Listing ID: 3935
Total Viewed: 4593
Last Refreshed: 19/09/2018

Gastrobar In The Heart Of Holland Village (Under Offer, not open for new buyers)

Clementi

Asking Price : SGD100K - 200K

Revenue: SGD500K-1M

Cash Flow: SGD10K - 20K

Payable: SGD0***

Established: 2016

Gross Profit: SGD100K - 200K

Inventory: SGD10,000

Receivable: SGD0***

Owner Role: Full Time

Net Profit: SGD100K - 200K

Liability: SGD0***

FFE: SGD140,000

Staff: 8

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

***NOT included in asking price

Reason To Sell
Seller looking to move away from Singapore
Business Description

A newly renovated (April 2017) GastroBar availible for immediate takeover in the heart of Holland Village (Lorong Mambong).


Seller is looking to relocate away from Singapore.


Selling Price of SGD 175,000 Includes:


*Newly Renovated and SGD 57,000 worth of brand new kitchen equipment.

*Newly Renovated Unit

*All New Indoor and Outdoor Seating

*Newly Installed Bar Area

*All Lighting

*Sound System


Selling price does not included 3 months rental deposit of SGD 90,000


Total cost to take over unit SGD 265,000 (Negotiable)

Business Operations
Business Hour:
11am to 1am
Supporting and Training:
Training on all systems and full handover will be provided
Staff:
3 Local, 2 Foreigners, 3 Part Time
Property Information
Premise Status:
Rent
Premise Size:
300sqm
Rental Fee:
SGD30,000
Rental Deposit:
SGD90,000 (NOT included in selling price)
Lease Term:
2 years
Other Information
Facilities:
Fully Fitted and custom built kitchen, bar with indoor and outdoor seating area.
Competition:
Busy and Vibrant Bar and Restaurant Street in the heart of holland village (Lorong Mambong)

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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