This business is located within a private and HDB housing enclave on a private shophouse at Jalan Kayu, operating as a Bistro with restaurant and Liquor License. The owner has a day job commitment and is only managing the shop from 6pm till 12am. The whole daytime has gone to waste.
Asking offer $120,000 Included Pre-paid Rental ($ 25,500) Utilities Deposit ($ 1,350) Plant & Equipment ($ 16,404) as of 30 June 2023 Furniture ($ 7,500) as of 30 June 2023 Fitting and Fixture ($ 97,461) as of 30 June 2023 Excluded – all inventories are excluded in the takeover price.
The reason for them to let go of this business is that the owner do not have time to grow it as can be seen that the place is only operating from 6pm till 12am.
Average turnover per month $35,000. Average net earnings $5,000 to $8,000
Singapore
