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Listing ID: 731 Total Viewed: 3

Profitable Theme F&B Cafe In Town For Sale (Sold)

Singapore

Asking Price : SGD50K - 100K

Revenue: SGD20K - 50K

Cash Flow: SGD50K - 100K

Payable: Not Disclosed

Established: 2013

Gross Profit: Under SGD5K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Part Time

Net Profit: Under SGD5K

Liability: Not Disclosed

FFE: SGD74,000

Staff: 4

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

***NOT included in asking price

Reason To Sell
Owner has full time work committement
Business Description
Well decorated and heavily renovated F&B business; owner previously spent $300k on renovation and all equipment.

Business owner requires realignment, as has a full time job, and his part time investment in a cafe has taken quite a lot of his time away.

Will sell with entire inventory, staff and business contacts to enable business to continue running. A new company registration is recommended to tap onto government grants for equipment purchase and renovation vouchers (if required). 

2014 is the last year for 160% cash payouts, and will revert to 60% from 2015 onward.

Will advise on legality of lease, company incorporation differences, and SPRING grant benefits.

Please contact for more information.
Business Operations
Business Hour:
11 pm
Preferred Skills:
Some F&B knowledge/experience will be helpful
Supporting and Training:
Yes
Staff:
2 Local, 2 Part Time
Property Information
Premise Status:
Rent
Premise Size:
1326sqft
Rental Fee:
SGD11,934
Rental Deposit:
SGD35,802 (NOT included in selling price)
Lease Term:
Till June 2015 w option to renew +1
Other Information
Facilities:
200k renovation Gelato chiller Cake chiller Barista machine 3 x Chiller Freezer POS System Pizza Over Dishwasher iPad, TVs and hardwares
Expansion Potential:
Business does not have a strong website, Facebook or social media presence currently, and can be strongly built and expanded upon. Increase in revenue through games/services will be an added advantage. Increase seating capacity as it's full house on weekends.

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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