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Listing ID: 2582 Total Viewed: 3

Restaurant Available For Sale (Urgent - Op. Broke Even)Owner Moving Out Of Sg (Sold)

Central Area, Singapore

Asking Price : Under SGD50K

Revenue: SGD20K - 50K

Cash Flow: Under SGD5K

Payable: Not Disclosed

Established: 2015

Gross Profit: Under SGD5K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Part Time

Net Profit: Under SGD5K

Liability: SGD0***

FFE: SGD40,000

Staff: 5

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

***NOT included in asking price

Reason To Sell
Owner moving out of Singapore - Need to make a decision in a week
Business Description

Food & Beverage outlet located on circular road.


Location: Circular road, Singapore 

Months in operation: 8 months 

Time left  on lease: 1 year 3 months (extendable for additional 2 years) 

Monthly Revenue: SGD 25k – 35k 

Size of Shop: 720 Sq ft 

Capacity: 25+ seating indoors, additional 12+ seating outside; Additional 15+ seating added on Fridays/Saturdays due to seating added on main road 

Client Base: Strong loyalty platform Growing client base across locals, expats and Indians 

Social Media/Marketing 700+ followers on facebook (95% are actual customers based out of Singapore) Excellent reviews on all social media platforms – Facebook, Burrple, hungrygowhere, food bloggers Strong/active presence on Instagram, twitter

Business Operations
Business Hour:
12 pm to 2 am
Staff:
2 Local, 1 Foreigner, 2 Part Time
Property Information
Premise Status:
Rent
Rental Deposit:
SGD33,000 (included in selling price)
Lease Term:
1.3 years left on lease

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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