Singapore  Singapore

Sell a Business

Listing ID: 1181 Last Refreshed: 26/05/2019 Total Views: 17395

Profitable Dessert Store In Chinatown For Sale

Central Area

Asking Price: S$70,000
Profitable Dessert Store In Chinatown For Sale
  • Premise Type N/A Premise Size 750sqft
  • Monthly Rental S$8,000 Rental Desposit N/A
  • Revenue S$20K - 50K Cash Flow S$20K - 50K
  • Gross Profit S$10K - 20K Net Profit S$5K - 10K
  • Stock S$20,000*** Liability N/A
  • Payable N/A Receivable N/A
  • FFE S$20,000*** Established 2014
  • Owner Role Full Time Staff 2
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
Tim Wong

Reason For Sale

Realignment / Original partners (nieces) no longer helping w business

Description

Fully renovated, profitable dessert store business for sale. 

Located right in town, with good frontage and traffic. Sale comes with all renovations, fittings and kitchen equipment worth at least $40,000.

Owner initially is not in the F&B industry, but took a break to help his nephew/nieces to kick start this business. He now wishes to return back to the oil and gas line, but prefer to handover to someone who can carry on the business.

Training, recipes will all be provided with hand-holding.

ROI in less than a year.

Business Operation

3pm - 11pm
Business Hour
Yes, 3-4 weeks
Supporting and Training

Property Information

Rent
Premise Status
2 + 1
Lease Term
Yes, it can relocate to other place
Relocatable

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