Singapore  Singapore

Sell a Business

Listing ID: 1315 Last Refreshed: 26/05/2019 Total Views: 25831

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

Bedok

Asking Price: S$100K - 200K
  • Premise Type N/A Premise Size 1500sqft
  • Monthly Rental N/A Rental Desposit S$28,000***
  • Revenue S$20K - 50K Cash Flow S$10K - 20K
  • Gross Profit S$20K - 50K Net Profit S$5K - 10K
  • Stock N/A Liability S$0***
  • Payable S$0*** Receivable S$0***
  • FFE N/A Established 2010
  • Owner Role Investor Staff 2
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
lim kee way irwin

Reason For Sale

Owner Posted Overseas

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 Operation

24 Hrs
Business Hour
- One vacant room on level 2. Currently used as store and there is a potential tenant to rent as office.
Facilities
- Can leverage as a business platform for expansion.
Expansion Potential
Yes - 1 Month
Supporting and Training
No Specific Skills Required - Business Acumen and Passion for F&B Business Would be Advantages.
Background & Skills

Property Information

Rent
Premise Status
Till May 2016
Lease Term
- 100 Seater Eating House/Coffee Shop. - Fully Equipped with Utility Connections. - Brand New Tables and Chairs.
Premises Details
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base

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