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Listing ID: 1945 Total Viewed: 1939

Profitable Korean Bar For Sale

Central Area, Singapore

Asking Price : SGD300,000

Revenue: SGD20K - 50K

Cash Flow: SGD50K - 100K

Payable: Not Disclosed

Established: 2014

Gross Profit: SGD20K - 50K

Inventory: SGD5,000

Receivable: Not Disclosed

Owner Role: Part Time

Net Profit: SGD10K - 20K

Liability: Not Disclosed

FFE: SGD200,000

Staff: 6

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

***NOT included in asking price

Reason To Sell
Realignment; refocus on core business
Business Description

Profitable Korean bar, located in town for sale.


Beautiful renovations, exclusive supply of draft beers with Korean concept. Monthly revenues of $40k-$50k. High nett margins, crew of part timers and prime location serving mid-high end crowd.


Nett profits between $15,000-$20,000/month. ROI in about 1.5 years.


Tenancy till 2017, with an additional to extend to 2020.

Business Operations
Business Hour:
5pm - 1am
Supporting and Training:
Yes
Staff:
, 6 Part Time
Property Information
Premise Status:
Rent
Premise Size:
1200sqft
Rental Fee:
SGD8,560
Rental Deposit:
SGD24,000 (NOT included in selling price)
Lease Term:
3+3

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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