Businesses For Sale in SingaporeSingapore

Listing ID: 14099
Total Viewed: 4956
Last Refreshed: 19/09/2018

Takeover Bistro Bar (2 Storey Shophouse)

Central Area

Asking Price : S$100K-200K

Revenue: S$20K-50K

Cash Flow: S$10K-20K

Payable: SGD0***

Established: 2017

Gross Profit: SGD10K - 20K

Inventory: SGD6,000

Receivable: SGD35,000

Owner Role: Investor

Net Profit: SGD5K - 10K

Liability: SGD0***

FFE: SGD35,000

Staff: Not Disclosed

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

***NOT included in asking price

Reason To Sell
owners would like to explore other area of f&b sector
Business Description

NOTICE: Due to overwhelming interest, the new offer for takeover with all licenses and facilities as listed below is at 140k (slightly negotiable for genuine prospects)



Lease duration 2+2yrs start 12jan 2018

Monthly rental 10k

Security deposit 20k

Average monthly revenue - up to 40k/month

Average monthly profit - 5k-10k/month

points to note:

pacbev sponsorship - 35k, 12k a&p, 23k in beer and incentives (San Miguel & Black Cab)

POS System - Epoint 

Kitchen setup - chiller + custom work tables (2 nos) + chest freezer  + lava stone griller (faulty)

Renovation - electrical & plumbing, minor renovations to both floors

Bar setup - bar counter, bar equipment, glassware, bar tools, liquor supplies

Furniture - tables and chairs L1, bar tables and stools L2, 2pc sofa set 

Marketing done in collaboration with radio stations such as 91.3, 98.7, 100.3

Marketing email leads (approx 10k)

Facebook page - 1.2k follows, max 20k reach and 3k+ views on a single post

Participation:

Singapore garden festival @gardens by the bay (21july - 3aug) 

Market on wheels @amk hub (6aug - 9sept)

Live account with iswitch (electricity retailer), $0.1655/kwh (current price is 0.23xx/kwh) fixed for 2 years 

Functional kitchen exhaust system, air conditioning units, portable grease trap in kitchen (NEA approved)

Licenses to be transferred within 3-6 months after takeover 

NEA food shop license 

SPF liquor license (beer & liquor, 6am-12mn)

URA change of use approval for f&b

SCDF 2hr fire rated (L1 only)

Reason for selling: owners would like to explore other areas of f&b sector. 


Business Operations
Business Hour:
12pm-12am
Supporting and Training:
will recall existing staff back to work if buyer requires staff. otherwise you are free to recruit your own staff
Staff:
Not Disclosed
Property Information
Premise Status:
Rent
Premise Size:
1450sqft
Rental Fee:
SGD10,000
Rental Deposit:
SGD20,000 (NOT included in selling price)
Lease Term:
2+2 begin 12 January 2018
Premises Detai:
2 storey shophouse
Other Information
Expansion Potential:
highly scalable business model
Seller Financing Available:
Yes

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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