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Listing Id: 609 Last Refreshed: 07/05/2019 18454 Views

Profitable Ice Cream Cafe In Bukit Timah For Sale

Expired
Asking Price <span class='currency'>S$</span>150,000
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
S$20K - 50K
Gross Profit
S$5K - 10K
Net Profit
Under S$5K
Monthly Rentalt
S$8,000

Business Operations & Assets

Stock
S$10,000 Price Included
FFE
S$144,000 Price Included
Receivable
S$2,000 Price Included
Year of Incorporation
2009
Owner Role
Full Time
Premise Status
Rent
Rental Deposit
S$24,000 Price Included

Business Details

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

Buyer Support & Terms

Support and Training

Full training until buyer is competent

Background & Skills

Nil
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