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Listing ID: 1264 Total Viewed: 7037

Profitable Bubble Tea Shop For Take Over

Woodlands, Singapore

Asking Price : SGD25,000

Revenue: Under SGD5K

Cash Flow: SGD5K - 10K

Payable: Not Disclosed

Established: 2011

Gross Profit: Under SGD5K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Under SGD5K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 3

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

***NOT included in asking price

Reason To Sell
Moving out of Singapore
Business Description
The shop is mainly a takeaway shop, where we serve food like Burgers and Rice items for take away. And the main strength of our business is in our in-house waffles and drinks like milk tea, bubble tea and traditional drinks like grass jelly drinks and lemonade. We also sell many other drinks just take a look at the shop for the variety. 

We have a very loyal and dedicated customers base as this is the only shop serving bubble tea and flavoured tea in the vicinity. Our customers is generally of all ages, but mainly school and tuition kids are more. 

The main reason for selling the shop is I am migrating from Singapore. Since, it is already a well established and running shop, the new owner need not worry about the business as everything is well established. However, increasing the working hour may improve the business further as we are not serving breakfast in our shop which many locals complain all the time. But, because of dedicated man power I have not ventured to open during early morning hours. 

The main features that makes this shop very attractive are the following:

1) Very cheap rental (less than 1475 dollars)  for size of the shop which makes it very attractive for all level of entrepreneurs including young and established.

2) Dedicated employee, so makes running the shop almost semi-automatic. Currently, I visit only once a week to collect cash and check the inventory and top up some items if neccessary rest all done by phone booking

3) Literally no competition, as there no shop serving bubble tea and burgers in the nearest vicinity.

4) Have applied for govt grant, so if successful can do a renovation for free of your choice worth 10k.

There are many more, can be discussed if your interested.

Please feel to take a look at the shop in woodlands st 13 blk triple one,  as there is nothing to hide in this business. niane tree thu six double ate niane tree. 
Business Operations
Business Hour:
10 am-8 pm
Preferred Skills:
Mainly Management skills, but new idea to add more dishes will be added bonus
Supporting and Training:
Yes, till the new owner is ready to takeover completely
Staff:
1 Local, 2 Part Time
Property Information
Premise Status:
Rent
Premise Size:
250sqft
Rental Fee:
SGD1,465
Rental Deposit:
SGD1,450 (included in selling price)
Lease Term:
Yearly renewable
Relocatable:
Yes, it can relocate to other place

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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