Singapore  Singapore

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Listing ID: 1973 Last Refreshed: 07/05/2019 Total Views: 11355

Profitable Bubble Tea Shop For Take Over

Woodlands

Asking Price: S$25,000
Profitable Bubble Tea Shop For Take Over
  • Premise Type N/A Premise Size 250sqft
  • Monthly Rental S$1,465 Rental Desposit S$1,465
  • Revenue S$6,000 Cash Flow S$6,000
  • Gross Profit S$1,000 Net Profit S$1,000
  • Stock S$2,000*** Liability N/A
  • Payable N/A Receivable N/A
  • FFE S$12,000*** Established 2012
  • Owner Role Full Time Staff 2
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
vinayaka srinivas
Email Owner

Reason For Sale

Migrating Out Of Singapore

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 Operation

No Competition as there are not similar shop for another mile of the walking distance
Competition
Yes
Supporting and Training
Mainly Management skills, but new idea to add more dishes will be added bonus
Background & Skills

Property Information

Rent
Premise Status
yearly renewal
Lease Term
Email Owner
Your Name*
Mobile Number*
Email*
Message

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