Singapore  Singapore

Sell a Business

Listing ID: 609 Last Refreshed: 07/05/2019 Total Views: 17569

Profitable Ice Cream Cafe In Bukit Timah For Sale

Bukit Timah

Asking Price: S$150,000
  • Premise Type N/A Premise Size 1000sqft
  • Monthly Rental S$8,000 Rental Desposit S$24,000***
  • Revenue S$20K - 50K Cash Flow S$20K - 50K
  • Gross Profit S$5K - 10K Net Profit Under S$5K
  • Stock S$10,000*** Liability S$0
  • Payable S$0 Receivable S$2,000***
  • FFE S$144,000*** Established 2009
  • Owner Role Full Time Staff 10
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
prem
Email Owner

Reason For Sale

Relocating overseas

Description

Profitable Ice Cream cafe for sale.

Biz has developed both the retail arm and distribution arm.



We make our gelato on a daily basis so that it's always fresh and
creamy. We do not use any colouring or preservatives in our gelato
making. The receipes for all products will be handed over. We will
conduct training till you are competent.



Level of involvement is low as the biz can operate without your
involvement. Primarily oversee the inventory management and creation of
new flavours and marketing efforts. We hv sourced for all raw
materials.. Now it's just ensuring that we monitor inventory usage and
ensuring that we don't stock out on the key ingredients. Our staff do
inventory checks every week. So with that, we just order the supplies.



Most of our equipment is new. The main equipment like the gelato
machine can easily operate for 12-15 yrs..only consumed 3yrs..monthly
usage is only abt 50% of capacity.



all receipes are created by us with no copyright issue. Brand name
is registered by us in Singapore. No major financial term
loans/overdrafts/private loans.



Asking price is $150k



Breakdown of asking price



- Depreciated cost of Renovation and all store equipment : 143.9K

- Banding : 25k

- Recipes : 25K

- Inventory : 10K
- Security deposit: 24K



Total depreciated cost : 227.9K (Selling at 150k)



Any further queries, pls contact seller at 91890490.



Thanks

Business Operation

12 - 10.30pm on weekdays, 10-11pm on weekends
Business Hour
Full training until buyer is competent
Supporting and Training
Nil
Background & Skills

Property Information

Rent
Premise Status
3+3 (1 contract expires on Sep 15)
Lease Term
Yes, it can relocate to other place
Relocatable
Email Owner
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