Businesses For Sale in SingaporeSingapore

Listing ID: 3407
Total Viewed: 4394
Last Refreshed: 19/09/2018

Crowded Mall F&B Food Shop Snack Bar Business For Sell/Takeover (Sold)

Sengkang

Asking Price : SGD63,000

Revenue: SGD20K - 50K

Cash Flow: SGD5K - 10K

Payable: Not Disclosed

Established: 2016

Gross Profit: SGD10K - 20K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD5K - 10K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 10

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

Reason To Sell
Business seller is too tired to continue
Business Description

㊣ Super crowded Mall with Almagation to LRT/MRT/ Bus Terminal Traffic

㊣ Strong Residential Crowd with furture potential as more EC's, Condominium and Hospital building up

㊣ Size of premise: 1174 sqft

㊣ Rental: $21,000 + GTO 1%

㊣ Seating Capacity: 80+

㊣ Renovation Setup Fee: $250,000

㊣ Currently Business: 3 months old 

㊣ Franchising Fee & Yearly Maintenance: $20,000 + $2,000 (yearly)

㊣ Competition: None with availability for seating capacity type

㊣ Great Exposure and Unique Superb Location

㊣ Rare Opportunity. Must Grab for low rent and strong potential growth

㊣ Please Call Stephen @ 9.1.8.0.2.8.1.6 for discussion if interested

Business Operations
Business Hour:
9am - 10pm
Preferred Skills:
Must have passion in the business
Supporting and Training:
Seller would provide both training and advisory to new business owner
Staff:
2 Local, 8 Part Time
Property Information
Premise Status:
Rent
Premise Size:
1174sqft
Rental Fee:
SGD21,000
Rental Deposit:
SGD60,000 (included in selling price)
Lease Term:
2+2 years
Premises Detai:
Seating Capacity of 80+.
Relocatable:
Yes, it can relocate to other place
Other Information
Facilities:
Chairs, Tables, Fridge, Designed and Tailored Counter Top, Flooring and Side Fence.
Competition:
All other competitors in the Mall are Takeaways. Only this with seating capacity. Buyers may add new food menu too
Expansion Potential:
Strong potential as current owner hasn't reach out with full marketing positioning.

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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