Singapore  Singapore

Sell a Business

Listing ID: 731 Last Refreshed: 26/05/2019 Total Views: 12993

Profitable Theme F&B Cafe In Town For Sale

Singapore

Asking Price: S$50K - 100K
Profitable Theme F&B Cafe In Town For Sale
  • Premise Type N/A Premise Size 1326sqft
  • Monthly Rental S$11,934 Rental Desposit S$35,802
  • Revenue S$20K - 50K Cash Flow S$50K - 100K
  • Gross Profit Under S$5K Net Profit Under S$5K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE S$74,000*** Established 2013
  • Owner Role Part Time Staff 2
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
Tim Wong

Reason For Sale

Owner has full time work committement

Description

Well decorated and heavily renovated F&B business; owner previously spent $300k on renovation and all equipment.

Business owner requires realignment, as has a full time job, and his part time investment in a cafe has taken quite a lot of his time away.

Will sell with entire inventory, staff and business contacts to enable business to continue running. A new company registration is recommended to tap onto government grants for equipment purchase and renovation vouchers (if required). 

2014 is the last year for 160% cash payouts, and will revert to 60% from 2015 onward.

Will advise on legality of lease, company incorporation differences, and SPRING grant benefits.

Please contact for more information.

Business Operation

11 pm
Business Hour
200k renovation Gelato chiller Cake chiller Barista machine 3 x Chiller Freezer POS System Pizza Over Dishwasher iPad, TVs and hardwares
Facilities
Business does not have a strong website, Facebook or social media presence currently, and can be strongly built and expanded upon. Increase in revenue through games/services will be an added advantage. Increase seating capacity as it's full house on weekends.
Expansion Potential
Yes
Supporting and Training
Some F&B knowledge/experience will be helpful
Background & Skills

Property Information

Rent
Premise Status
Till June 2015 w option to renew +1
Lease Term

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