Singapore  Singapore

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Listing Id: 2841 Total Views: 13804

(Sold) Luxury Café Located @ Holland V

Central Area

Date Closed: 27/10/2017

Asking Price: S$100K - 200K
  • Premise Type N/A Premise Size
  • Monthly Rental S$22,000 Rental Desposit S$44,000
  • Revenue N/A Liability N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Part Time Staff 4
  • Established 2015 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

Reason For Sale

Owner Moving Oversea

Description

Key Attractions!

- Ground Level, 1700 Sq ft
- Operational for 2 years
- Beautifully re-renovated this year January 2016

For marketing and increase in revenues.
- Brand new equipments
-Fine-dining with Victorian interior
- Weekly booking of venue for private events & cosplay photoshoot.
- In the midst of discussion with arts company to display paintings in Cafe @ $ 8k to $10k/mth or a commission for every art/painting/artifact sold.
- Rental is 22K Per month no GST.
- Eligible for government grants
- Take over fee is $ 150k. (Negotiable, need to sell fast due to relocate)

Business Operation

9am-10pm
Business Hour
No similar competitor in the area.
Competition
Yes, potential of franchise
Expansion Potential
yes
Support and Training
No background needed as we will provide training.
Background & Skills

Property Information

Rent
Premise Status
2-3 years
Lease Term
Prime location for cafes, attracts locals, students, tourist and expatriates
Premises Details
Yes, it can relocate to other place
Relocatable

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