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Listing ID: 1315
Total Viewed: 20414
Last Refreshed: 10/02/2016

Rare Opportunity! Eastablished 24-Hr Indian Muslim Eating House For Takeover (Sold)

Bedok, Singapore

Asking Price : SGD100K - 200K

Revenue: SGD20K - 50K

Cash Flow: SGD10K - 20K

Payable: SGD0

Established: 2010

Gross Profit: SGD20K - 50K

Inventory: Not Disclosed

Receivable: SGD0

Owner Role: Investor

Net Profit: SGD5K - 10K

Liability: SGD0

FFE: Not Disclosed

Staff: 10

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

***NOT included in asking price

Reason To Sell
Owner Posted Overseas
Business Description

-  Eating House is strategically located opposite a Mosque near Kembangan with excellent customer traffic


-  Very Popular on Facebook.


-   Good potential for owner to operate all the stalls with high revenue and margin.


-  Currently business self-running managed by Manager.


-  No more Foodshop license to be issued by NEA in the vicinity.


-  Purchase price is including $28K rental deposit.

Business Operations
Business Hour:
24 Hrs
Preferred Skills:
No Specific Skills Required - Business Acumen and Passion for F&B Business Would be Advantages.
Supporting and Training:
Yes - 1 Month
Staff:
2 Local, 8 Foreigners
Property Information
Premise Status:
Rent
Premise Size:
1500sqft
Rental Deposit:
SGD28,000 (included in selling price)
Lease Term:
Till May 2016
Premises Detai:
- 100 Seater Eating House/Coffee Shop. - Fully Equipped with Utility Connections. - Brand New Tables and Chairs.
Relocatable:
Yes, it can relocate to other place
Home Base:
Yes, it can work at home
Other Information
Facilities:
- One vacant room on level 2. Currently used as store and there is a potential tenant to rent as office.
Expansion Potential:
- Can leverage as a business platform for expansion.

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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