Singapore  Singapore

Sell a Business

Listing ID: 5246 Last Refreshed: 26/05/2019 Total Views: 10695

Established Cafe In Upper Thomson Cafe Belt For Sale

Bishan

Asking Price: Under S$50K
  • Premise Type N/A Premise Size 898sqft
  • Monthly Rental S$4,000 Rental Desposit S$7,500
  • Revenue S$275,000 Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock S$0 Liability S$0
  • Payable S$0 Receivable S$0
  • FFE S$30,000*** Established 2015
  • Owner Role Investor Staff 2
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Simcik

Reason For Sale

Managing Business Partner will relocate to another country

Description

Location
UPPER THOMSON ROAD


The cafe was established in 2015 by a few investors, as our managing partner has recently migrated, it is very difficult for the remaining investors to operate the place given all of us have other commitments.


The property is leased till Aug 2019 at a relatively low rate for ~900sqf cafe.
Sales for 2016 was > SGD270K


The takeover fee is negotiable depending if you are keen to take over the coffee equipments

For inquiries, please contact 81816916


 



 

Business Operation

Chillers, Oven, Ice Makers, POS, Coffee Machine ( Subjective ) , Furnitures, Scandinavian Reno
Facilities
Other Established Café in the area
Competition
Yes, seller financing is available.
Financing

Property Information

Rent
Premise Status

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