Businesses For Sale in SingaporeSingapore

Listing ID: 5267
Total Viewed: 3611
Last Refreshed: 19/09/2018

International Brand- Franchised Cafe/Restaurant For Sale

Central Area

Asking Price : SGD100K - 200K

Revenue: SGD200K - 500K

Cash Flow: SGD20K - 50K

Payable: Not Disclosed

Established: 2015

Gross Profit: SGD100K - 200K

Inventory: SGD6,000

Receivable: Not Disclosed

Owner Role: Part Time

Net Profit: Not Disclosed

Liability: SGD0***

FFE: SGD167,616

Staff: 7

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

***NOT included in asking price

Reason To Sell
Owner is relocating and unable to manage the business further
Business Description

Famous brand of ice cream/waffles/full menu 48-seater cafe restaurant has been operational for 1.5years and still has a licence to operate under the franchise lease for another 2.5years. It is beautifully and tastefully renovated, and has an established presence in the local area.

Low owner involvement required. All recipes have SOPs that will be handed over, new owner training will be conducted by master franchisor.

Competitive advantages:

·         Town location, 1 minutes walk from City Hall MRT

·         Low rental only 5k+ a month, 818 sq ft

·         High performing team

·         Full training and marketing support from master franchisor

·         Established customer base

·         Fully equipped and operational,

Buy today, after 2 weeks of transfer it's yours and can operate.



Business Operations
Business Hour:
11am-10pm
Preferred Skills:
Entrepeneurship skills, strategic thinking and marketing skills. No prior F&B experience required to run this business.
Supporting and Training:
This is a turnkey solution business, as all menu recipes have SOPs that will be handed over with the business. The business comes with templates in use for everything from HR (contracts, payslips), supply chain (supplier contacts and purchase order forms), Daily sales report, Forecasting and budgeting tool, employee guide, schedule roster etc. The training to new owners will be supported by master franchisor for kitchen procedure training and marketing, while transition support for other areas like hiring and store operations will be conducted by current owners.
Staff:
1 Local, 1 Foreigner, 5 Part Time
Property Information
Premise Status:
Rent
Premise Size:
818sqft
Rental Fee:
SGD5,600
Rental Deposit:
SGD22,087 (NOT included in selling price)
Lease Term:
3years
Premises Detai:
Located within a shopping mall, which is connected to City Hall train station. High quality renovated interior. Shopping mall management regularly partners with tenants on running promotions during the mall events which happen very frequently, monthly. They also support with marketing efforts with magazine features in Her World, 8 days, The New Paper, Today paper. And also have social media bloggers to write reviews as influencers to the public.
Other Information
Facilities:
Fully equipped with: - POS system with receipt and kitchen printer - credit card terminal and NETS terminals - Rancillo coffee machine and grinder -3 deep freezers -1 display chiller -2 ice cream showcase - 2 and 3 door chillers (total of 3) - 4 point CCTV system -Sound system and speakers -5 40inch TV panels for advertising and menu showcase - 1 Laptop - 1 printer - 21 tables with self adjustable legs - Wood and padded chairs - Kitchen equipment like: microwaves, ovens, waffle machines, utensils, pots and pans, serving plates etc
Expansion Potential:
Need someone with strong marketing experience to bring this business to new levels. Possibility to open more outlets once buyer is accepted by master franchisor and gets into the inner circle for this business.

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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