Singapore  Singapore

Sell a Business

Listing ID: 5267 Last Refreshed: 07/05/2019 Total Views: 7414

International Brand- Franchised Cafe/Restaurant For Sale

Central Area

Asking Price: S$100K - 200K
  • Premise Type N/A Premise Size 818sqft
  • Monthly Rental S$5,600 Rental Desposit S$22,087
  • Revenue S$200K - 500K Cash Flow S$20K - 50K
  • Gross Profit S$100K - 200K Net Profit N/A
  • Stock S$6,000*** Liability S$0
  • Payable N/A Receivable N/A
  • FFE S$167,616*** Established 2015
  • Owner Role Part Time Staff 6
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Not inlcude in the selling price
Christine Hirata
Email Owner

Reason For Sale

Owner is relocating and unable to manage the business further

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 Operation

11am-10pm
Business Hour
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
Facilities
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.
Expansion Potential
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.
Supporting and Training
Entrepeneurship skills, strategic thinking and marketing skills. No prior F&B experience required to run this business.
Background & Skills

Property Information

Rent
Premise Status
3years
Lease Term
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.
Premises Details
Email Owner
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