Singapore  Singapore

Sell a Business

Listing ID: 2727 Last Refreshed: 26/05/2019 Total Views: 6696

Cosy And Nice Cafe @ University For Taking Over

Tampines

Asking Price: S$30,000
Cosy And Nice Cafe @ University For Taking Over
  • Premise Type N/A Premise Size 101sqm
  • Monthly Rental S$1,097 Rental Desposit N/A
  • Revenue S$100K - 200K Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2014
  • Owner Role Full Time Staff 3
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
HP Chew

Reason For Sale

Owners are two ladies and due to age, both physically not able to cope with the long working hours and the increasing workload from the picking up sales

Description

The cafe focuses to serve the staff and students of Singapore University of Technology and Design but is opened to public as well. The café is within the walking distance to future MRT ready in 2017 and surrounded by Business park, landed properties, condominiums,  exhibition centres, hotels, offices and factories. There are plenty of parking space accessible to the public.


Our food are highly raved about,  on the menu are local delights, Simple Japanese and Korean rice / noodle set, waffles, sandwiches, western delights, cakes and pastries, coffee / tea and drinks. we have one of the best waffles, coffee and cakes in town. We are going into online business for our well-received cakes and pastries too! There is definitely high business growth potential here.


Fully renovated and equipped with baking ovens, chillers, Freezers, cake display counter, cashier POS, premium coffee machine, waffle machine, air fryers, induction cookers, baking rack, griller, Ice maker, warmer, air purifiers, microwave oven, furniture, storage racks and utensils etc.


Areas: ~100m2 or 60 seats


Rental:  less than $1600 per month


Fully established social media set up with company website / Facebook and Instgram.


Revenue around $100k - 200k per year based on 5.5 work days excluding breakfast / Sat and Sun / PH sales. Sales potentially could be much higher if extend the operating hours to include the above period.


Can continue and start operation immediately.


Owners are two ladies and due to age, both physically not able to cope with the long working hours and the increasing workload from the picking up sales.

 

Business Operation

Mon-Fri:11am to 9pm, Sat:12pm to 5pm, Sun & PH: Closed
Business Hour
well renovated, cosy and spacious
Facilities
Other cafes in the university
Competition
MRT station opens in 2017, nearby Changi Business park, landed properties, condominiums, Hotels, exhibition halls and factories
Expansion Potential

Property Information

Rent
Premise Status
3 years renewal
Lease Term
Yes, it can relocate to other place
Relocatable

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