Listing ID: 14192 Last Refreshed: 07/05/2019 Total Views: 7745
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;
training new staff
You get existing regular customers
you can use existing menu or create new ones.
establish brand since 2009.
good online reviews.