Businesses For Sale in SingaporeSingapore

Listing ID: 2673
Total Viewed: 9978
Last Refreshed: 19/09/2018

Popular Ice Cream Franchise For Sale At Plaza Singapura (Sold)

Central Area

Asking Price : SGD30,000

Revenue: SGD100K - 200K

Cash Flow: SGD5K - 10K

Payable: Not Disclosed

Established: 2015

Gross Profit: SGD50K - 100K

Inventory: SGD3,000

Receivable: Not Disclosed

Owner Role: Part Time

Net Profit: SGD20K - 50K

Liability: Not Disclosed

FFE: SGD30,000

Staff: 2

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

***NOT included in asking price

Reason To Sell
Major shareholder need to go back to Korea due to family commitment.
Business 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 Operations
Business Hour:
10.30 to 10.30
Preferred Skills:
Supporting and Training:
Yes. By franchisor.
1 Local, 1 Foreigner
Property Information
Premise Status:
Premise Size:
Rental Fee:
Rental Deposit:
SGD25,000 (NOT included in selling price)
Lease Term:
Premises Detai:
Prime location at Plaza Singapura
Other Information
Good branding

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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