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Listing ID: 5246
Total Viewed: 6506
Last Refreshed: 19/09/2018

Established Cafe In Upper Thomson Cafe Belt For Sale (Sold)

Bishan

Asking Price : Under SGD50K

Revenue: SGD275,000

Cash Flow: Not Disclosed

Payable: SGD0***

Established: 2015

Gross Profit: Not Disclosed

Inventory: SGD0***

Receivable: SGD0***

Owner Role: Investor

Net Profit: Not Disclosed

Liability: SGD0***

FFE: SGD30,000

Staff: 6

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

***NOT included in asking price

Reason To Sell
Managing Business Partner will relocate to another country
Business 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 Operations
Staff:
2 Local, 4 Part Time
Property Information
Premise Status:
Rent
Premise Size:
898sqft
Rental Fee:
SGD4,000
Rental Deposit:
SGD7,500 (NOT included in selling price)
Other Information
Facilities:
Chillers, Oven, Ice Makers, POS, Coffee Machine ( Subjective ) , Furnitures, Scandinavian Reno
Competition:
Other Established Café in the area
Seller Financing Available:
Yes

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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