Singapore  Singapore

Sell a Business

Listing ID: 1799 Last Refreshed: 26/05/2019 Total Views: 11214

3Yrs Old Central Cafe For Sale

Central Area

Asking Price: S$50K - 100K
3Yrs Old Central Cafe For Sale
  • Premise Type N/A Premise Size 1700sqft
  • Monthly Rental S$9,000 Rental Desposit S$18,000
  • Revenue S$20K - 50K Cash Flow S$50K - 100K
  • Gross Profit S$20K - 50K Net Profit Under S$5K
  • Stock S$5,000*** Liability N/A
  • Payable N/A Receivable N/A
  • FFE S$200,000*** Established 2012
  • Owner Role Investor Staff 4
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
Arthur

Reason For Sale

this is our non core business and we have no bandwidth to manage it anymore, looking to sell to focus more on our core business.

Description

Cafe is very well located in Singapore with 3yrs of existence and good reviews on all platforms (google, tripadvisor, yelp, etc) and well covered by local media.

Consumer crowd: families, students, expats, locals.

Strengths: very good coffee and unique items on menu, art theme, breakfast all day. Lots of space to host events (about 700sqft)


Business Operation

6 days a week however potential to open 7days per week
Business Hour
Fully equipped kitchen with professional hood + storage room shelves + chiller display stand for cakes + barrista coffee machine + drinks fridge + unique vintage furnitures + art painting equipment + outdoor terrace furnitures
Facilities
Competition from nearby mall however our theme is unique in the area
Competition
Outdoors area can be renovated to indoor area. Art area can easily be transformed in retail upselling business area or fully focussing on F&B.
Expansion Potential
Management is willing to accompany the new buyer over a period of 6months and share SOPs
Supporting and Training
Cafe is very well located in Singapore with 3yrs of existence and good reviews on all platforms (google, tripadvisor, yelp, etc) and well covered by local media. Consumer crowd: families, students, expats, locals. Strengths: very good coffee and unique items on menu, art theme, breakfast all day. Lots of space to host events (about 700sqft)
Background & Skills

Property Information

Rent
Premise Status
3+3
Lease Term
Charming Shop house with al fresco dining area, total space of 1700sqft. Kitchen fully fitted with baking capabilities, storage room. Seated capacity : 50 Standing capacity : 90
Premises Details
Yes, it can relocate to other place
Relocatable

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