Businesses For Sale in SingaporeSingapore

Listing ID: 4036
Total Viewed: 6923
Last Refreshed: 19/09/2018

Good Location Cafe For Sale! Good For New Entrant With No Experience~ (Sold)

Central Area

Asking Price : SGD180,000

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2014

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: SGD35,000***

Staff: Not Disclosed

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

***NOT included in asking price

Reason To Sell
Owner run 3 restaurant/ cafe, looking to offload one to concentrate on the others
Business Description

Cafe located in Central Area with competitive rental and premises have to go through multiple bids to secure.

Rare huge premises with indoor and outdoor space of approx 1,600 sqft.

Fully functional cafe/ restaurant with machinery worth 3-40k and renovation done at 30k+. 
Above all include in final selling price

Average at least 3-4 corporate booking per month without much publicity

Non-Choosy client base 

liquor license

** as a sweetner, owner a veteran restaurant/ cafe owner are agreeable to guide new owner for 1 month FOC. (to hire a business consultant will easily cost up to ten of thousands) 

i.e how to run a cafe business/ where to get the cheapest supplier/ steps to get permits/ hiring do's and don't/ how to boost up social media presence and how to get publicity from media. Literally how to earn money from current competitive cafe business! 

Good for entreprenuer with little or no experience in cafe business or exiting cafe business which would like to expand to central area with cheap takeover fees and low rental.

Expect new owner to rev up the marketing aspect of the business to do more corporate event and not for those who buying over for passive income

Property Information
Premise Status:
Premise Size:
Rental Fee:
Rental Deposit:
SGD20,000 (NOT included in selling price)
Premises Detai:
indoor space of 667 sqft and outdoor space of 952 sqft
Other Information
comes with existing F&B machinery etc. Machine are less than 2 years old and is a fully fitted renovation premises where new owner can move in the next day and start their business

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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