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Listing ID: 1799 Total Viewed: 3433

3Yrs Old Central Cafe For Sale (Sold)

Central Area, Singapore

Asking Price : SGD50K - 100K

Revenue: SGD20K - 50K

Cash Flow: SGD50K - 100K

Payable: Not Disclosed

Established: 2012

Gross Profit: SGD20K - 50K

Inventory: SGD5,000

Receivable: Not Disclosed

Owner Role: Investor

Net Profit: Under SGD5K

Liability: Not Disclosed

FFE: SGD200,000

Staff: 9

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

***NOT included in asking price

Reason To Sell
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.
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 Operations
Business Hour:
6 days a week however potential to open 7days per week
Preferred Skills:
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)
Supporting and Training:
Management is willing to accompany the new buyer over a period of 6months and share SOPs
Staff:
4 Local, 2 Foreigners, 3 Part Time
Property Information
Premise Status:
Rent
Premise Size:
1700sqft
Rental Fee:
SGD9,000
Rental Deposit:
SGD18,000 (NOT included in selling price)
Lease Term:
3+3
Premises Detai:
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
Relocatable:
Yes, it can relocate to other place
Other Information
Facilities:
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
Competition:
Competition from nearby mall however our theme is unique in the area
Expansion Potential:
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.

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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