Singapore's No. 1 AI-powered business marketplace

Post Ad
NEW New AI tools: Listing analysis reports are now available on each ad. | Advertisers can use AI to write better titles and descriptions.
Learn more → ✕
Listing Id: 14192 Last Refreshed: 07/05/2019 8309 Views

Well Established Salad Bar For Sale

Expired
Asking Price <span class='currency'>S$</span>350,000
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This listing is no longer active and is not accepting enquiries.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$5,000

Business Operations & Assets

Staff
5 Employee
Year of Incorporation
2009
Owner Role
Full Time
Premise Status
Rent

Business Details

Reason For Sale

Reason for selling moving overseas for business opportunities

Description

You will be taking over 2 outlets with lease ending in 2020. 

You may keep the existing staff and you will be taught the running of daily operations.


You will enjoy existing regular customers  as well as building more new customer base in the new outlet near raffles quay. 


All the staff is well trained and experienced.


Low Risk compared to starting a new brand.


Let's compare starting a new shop VS buying my existing business; 


A) Setup cost per outlet if you start a New shop cost average $120k to $150k. Much efforts in marketing are required to get new customers. Breakeven may take 6 months and above which require additional cost.


B) If you franchise a brand with similar operations, franchise fee cost to $150k to $200K excluding rental and renovations. Which may cost another $15k to $30k and $50k to 60k respectively. And another $20k for equipments. 

Total cost can be mininum $215k to $290k setup plus ongoing royalties payment.


By buying my business, you don't have to handle;

  1. Renovation hassle

  2. Supplier hassle

  3. training new staff

  4. buying equipments

Advantages;

  1. You get existing regular customers

  2. trained staff

  3. you can use existing menu or create new ones. 

  4. establish brand since 2009.

  5. good online reviews.

  6. strategic locations



Important Disclaimer

Listing information is provided by the listing provider or their representatives and has not been independently verified by our platform. Users should verify all information and conduct their own due diligence before making any decision, payment or commitment.

All communications, agreements, transactions, disputes and claims are solely between the relevant parties.

Learn how to avoid scams

Just a moment... we are processing the request