Singapore  Singapore

Sell a Business

Listing ID: 696 Last Refreshed: 26/05/2019 Total Views: 18511

Profitable Food Court Stall In Town For Takeover/Sale

Central Area

Asking Price: S$19,000
Profitable Food Court Stall In Town For Takeover/Sale
  • Premise Type N/A Premise Size 100sqft
  • Monthly Rental S$8,000 Rental Desposit S$24,000
  • Revenue S$20K - 50K Cash Flow S$20K - 50K
  • Gross Profit S$10K - 20K Net Profit S$5K - 10K
  • Stock S$500*** Liability N/A
  • Payable N/A Receivable N/A
  • FFE S$4,000*** Established 2013
  • Owner Role Full Time Staff 1
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
Tim Wong

Reason For Sale

Returning to Homeland

Description

Profitable food court stall in shopping mall in central area for takeover/sale. Has high foot traffic and business can continue immediately. New owner can choose to sell existing food, or change a cuisine completely, subject to management approval.

  • Operating for more than 3 years
  • Profitable business
  • Very fast return on investment (ROI) in less than 6 months
  • Staff and chef can be kept or re-hired, flexible arrangement
  • Seller is relocating back to homeland; thus need to sell
Ideal situation will be a new owner with some F&B experience. A new company registration is recommended for claims for Productivity Innovation Credit (up to $15,000 cash and thereafter $100,000) and ICV vouchers (2 x $5,000), which are incentives given by the government.

My team and I will get a staff from SPRING to assist you with claims as well.

* Picture credits: Hanrik

Business Operation

Daily
Business Hour
High food traffic, very packed during weekends and evenings
Facilities
Complete change in cuisine possible, introduce new food items
Expansion Potential
Hand holding and training can be provided by the seller for 1 month
Supporting and Training
Business operations, F&B experience will be useful, hired and worked with foreign manpower
Background & Skills

Property Information

Rent
Premise Status
1 year till 1Q 2015
Lease Term

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