Singapore

Sell a Business

Listing ID: 2673 Last Refreshed: 26/04/2019 Total Views: 11664

Popular Ice Cream Franchise For Sale At Plaza Singapura

Central Area

Asking Price: S$30,000
  • Premise Type N/A Premise Size 200sqft
  • Monthly Rental S$9,000 Rental Desposit N/A
  • Revenue S$100K - 200K Cash Flow S$5K - 10K
  • Gross Profit S$50K - 100K Net Profit S$20K - 50K
  • Stock S$3,000*** Liability N/A
  • Payable N/A Receivable N/A
  • FFE S$30,000*** Established 2015
  • Owner Role Part Time Staff 1
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Not inlcude in the selling price
Jessica

Reason For Sale

Major shareholder need to go back to Korea due to family commitment.

Description

Popular korean franchised ice cream shop from korea for sale.

Letting go because major shareholder need to go back to Korea due to family commitment.

Profitable and low entry because equipment are loaned from franchisor.

Pay back period: 6 months


For sale @ $30,000 (Excludes $25,000 rental deposit)

Includes : Franchise fee, rental deposit, renovation, signages and utensils.

Rental : $9,000

Type: kiosk

Balance lease: 2.5 years

Terms : Continue franchise contract, must continue same business.

Equipments are loaned from Franchisor, payable monthly (A deposit of $5,000 is required)

All license obtained. Just takeover and continue business.


Located at prime area in Plaza Singapura.


Franchised brand is strong and have great potential for growth. Franchisor will provide the neccessary training. 

Business Operation

10.30 to 10.30
Business Hour
Good branding
Facilities
Yes. By franchisor.
Supporting and Training
NIL.
Background & Skills

Property Information

Rent
Premise Status
2.5
Lease Term
Prime location at Plaza Singapura
Premises Details