Businesses For Sale in SingaporeSingapore

Listing ID: 14386
Total Viewed: 2877
Last Refreshed: 14/01/2019

Western Cafe Business For Sale @ $1.8M

Central Area, Singapore

Asking Price : S$1M-5M

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: Not Disclosed

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

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

Reason To Sell
owner has other commitments
Business Description

Established Western Cafe biz for sale 

💽 4 outlets :


📌 Kampong Bahru Road 

📌 Lease till nov 2019, option to renew another 2 years 


📌 Prinsep Street 

📌 Lease until June 2021 


📌 Near Raffles MRT station 

📌 Lease to be renewed. 


📌 The Concourse Skyline 


📌 Lease until Nov’2020 

💽 Nett assets as of 2017 - $1,050,000 

💽 Yearly Revenue - $3,900,000 

💽 Nett profit before tax - $380,000 annually 

💽 Directors salary $260,000 annually 

💽 Audited nett assets 


💽 Sale price non negotiable 

👉🏼 $1.8M for whole group (sellers fully exit)

👉🏼 $1M to buy 50% shares in the company, out of which $500,000 will be reinvested in the company. 

💽 Seller’s have offers to open in SGH and Changi Jewel. 

-substantial funding needed

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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