Singapore  Singapore

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Listing Id: 3164 Total Views: 5588

(Sold) Great Location Profitable F&B Business For Takeover

Sengkang

Date Closed: 28/09/2016

Asking Price: S$30,000

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$2,000
  • Rental Desposit S$4,500
  • Revenue S$20K - 50K
  • Liability N/A
  • Gross Profit S$10K - 20K
  • Net Profit S$5K - 10K
  • Stock N/A
  • FFE S$50,000
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 1
  • Established 2016
  • Source Direct Seller

Reason For Sale

Moving to shop location

Description

F&B OPPORTUNITY TO START F&B BUSINESS WITH LOW INVESTMENT, LOW RENT AND GOOD CENTRAL LOCATION

We are upgrading our business location to a shop. We are looking for someone who has the passion to take over and run an existing profitable food stall.
Currently, we are located at Sengkang Kopitiam Square with ideal location near Sengkang MRT, LRT, Bus interchange and Compass One with heavy human traffic from the CC, Polyclinic, HDBs, school nearby. Our stall have great visibility and near the central drink stall.

For $30,000 for fully setup business, includes the following:
- $50,000 worth of fully equipped setup: Includes Kitchen equipment, Display, Exhaust, Freezer, Chiller, Fryer, Food warmer, shelfing, stoves
- Good location in Central yet LOW rent (near MRT, LRT, Bus interchange)
- High visibility stall location
- Ongoing PROFITABLE Business
- Sufficient parking lots
- Regular clientele base
- Heavy human traffic
- Current business model: Lok Lok and steamboat. Also suitable for Yong Tau Foo, Wu Xiang
- Can operate 24hrs
- Special sauce recipes including our hot favourite Teriyaki, Chilli and Satay Peanut sauce
- Enjoy new lease to guarantee low rent. Rental details will be discussed only with serious buyers (Rental is less than $4k monthly)

Business is profitable if you are running and managing it yourselves.
Average revenue for stall at Kopitiam Square is approximately $20,000 in the past few months. You could cover back your investment in 4-6 months time.

If you have the passion in F&B, and is interested to jump start your venture into F&B, do contact us! Price is negotiable for serious buyers.
Capital needed to start your business is only $50,000. Message us today for discussion if you are keen to start your successful F&B business with low investment and low risk before this opportunity is taken.

Related news:
- http://www.soshiok.com/content/check-out-whats-cooking-sengkang-food-centre
- http://themiddleground.sg/2016/08/21/man-vs-vending-machine-hawker-food-showdown/

Business Operation

flexible, can run 24hours
Business Hour
Recipe for sauces
Support and Training
F&B
Background & Skills
Yes, seller financing is available.
Seller Financing

Property Information

Rent
Premise Status
2 years
Lease Term

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