Last Refreshed:
19/09/2018
Revenue:
SGD50K - 100K
Cash Flow:
SGD20K - 50K
Payable:
Not Disclosed
Established:
2013
Gross Profit:
SGD20K - 50K
Inventory:
Not Disclosed
Receivable:
Not Disclosed
Owner Role:
Full Time
Net Profit:
SGD20K - 50K
Liability:
Not Disclosed
FFE:
Not Disclosed
Staff:
8
Reason To Sell
Withdrawal of a shareholder
Business Description
Popular Bar along Mohammed Sultan
Road for immediate takeover.
About the location:
Strategically located along Mohammed
Sultan Road, an upmarket entertainment district. High
human traffic. Proximity to residential area, shopping malls, offices, hotels. Famous
landmarks includes Singapore river, Clarke Quay. Walking distance to MRT stations, ample parking space.
About the Business:
A vibrant bar with a unique concept. Was featured in the
media. New renovation done in May 2013. Furnishing and fittings are all bought
brand new in May. Good pool of regular customers. High turnover with accounts
kept properly. The last unit allowed by the authority for bar business.
Business is still in operation.
Floor space: 2400 sq feet
Monthly rental: $17350 (Lease till
2015 with option to extend)
Liquor Licence till 3am daily
Public Entertainment Licence
(category 2) till 3am daily
Fully equipped kitchen
Fully built bar
5 x 50" LED TVs
Full sound system
Reason for selling: Withdrawal of
a shareholder
Only for serious prospects who have managed or are
interested to continue a profitable business. Take over fee negotiable for sincere prospects.
Business Operations
Staff:
3 Local, 5 Part Time
Property Information
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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