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Listing ID: 609
Total Viewed: 16240
Last Refreshed: 03/01/2019

Profitable Ice Cream Cafe In Bukit Timah For Sale

Bukit Timah

Asking Price : SGD150,000

Revenue: SGD20K - 50K

Cash Flow: SGD20K - 50K

Payable: SGD0***

Established: 2009

Gross Profit: SGD5K - 10K

Inventory: SGD10,000

Receivable: SGD2,000

Owner Role: Full Time

Net Profit: Under SGD5K

Liability: SGD0***

FFE: SGD144,000

Staff: 11

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

***NOT included in asking price

Reason To Sell
Relocating overseas
Business 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.

Business Operations
Business Hour:
12 - 10.30pm on weekdays, 10-11pm on weekends
Preferred Skills:
Supporting and Training:
Full training until buyer is competent
1 Foreigner, 10 Part Time
Property Information
Premise Status:
Premise Size:
Rental Fee:
Rental Deposit:
SGD24,000 (included in selling price)
Lease Term:
3+3 (1 contract expires on Sep 15)
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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