Businesses For Sale in SingaporeSingapore

Listing ID: 4809
Total Viewed: 7846
Last Refreshed: 11/02/2019

Rare ! Profitable HDB Coffeeshop For Assignment ! Call 90670575 (Sold)

Geylang, Singapore

Asking Price : S$1,200,000

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: Not Disclosed

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

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

Reason To Sell
owner is retiring
Business Description

Rarely available ! HDB Coffeeshop for Assignment (Takeover). HDB is the Landlord of the property.

Paya Lebar area (near to Mcpherson MRT) coffeeshop facing the main road, behind a bus stop. Good frontage and good location. 4 + 1 stalls.

HDB monthly rental only $4500 (Can't get this kind cheap rent from private landlords !!!)

Rental collections from the 4 foodstalls are $10,000/- monthly (this is old rental, market rate rental should be adjusted from $5k to $10k more)

Drinkstall's revenue monthly is more than $30,000/-.

Estimated net profit monthly $20,000 plus. Pls take note, the net profit is not maximised yet, easily $5k to $10k more per month.

Assignment fee $1.2 million

Interested parties pls call Vincent @ 90670575 now !!! Thanks !

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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