Singapore

Sell a Business

Listing ID: 14966 Last Refreshed: 07/05/2019 Total Views: 6786

2 Established Cafes Selling Local Coffee/Tea With Local Food For Sale

Pasir Ris

Asking Price: S$360
  • Premise Type N/A Premise Size 1400sqft
  • Monthly Rental S$9,000 Rental Desposit S$28,000
  • Revenue S$500K-1M Cash Flow S$20K - 50K
  • Gross Profit S$50K - 100K Net Profit S$10K - 20K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2005
  • Owner Role Part Time Staff 6
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Not inlcude in the selling price
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Reason For Sale

Personal reasons

Description

Due to other business committments, owners are sad to sell off one long etabllished local cafe in the east and a newer establised cafe in the west side of Singpapore.  Both cafes have loyal and good staff so owners don't need to be present.


Both cafes work on  5 day work week model. 


Why buy a franchise with no guarantee of success when you can for the same price buy a cafe that has guaranteed profit from the day you take over ? Furthermore, if you are enterprising and motivated you can grow the business further by considering food deliveries and catering for business meetings. In addition, this is a business that can be franchised.


With lots more room for growth this F&B business is a rare find and suitable for people who are passionate about the F&B industry especially in the art of making local coffee and tea and selling of local cuisine. 


The sale includes everything you see at the cafes and we also recently extended the lease for our cafe in the east where we have been for the last 10 years, for another 3 more years.


Our asking price for both cafes is $360K negotiable. 


If you are keen to explore this business do call us for an informal chat !

Business Operation

7.30am to 5.30pm Monday to Friday
Business Hour
Good size cafe of 1,200-1,400 sq ft with sitting for up to 80 customers
Facilities
No nearby competition
Competition
Can franchise this business
Expansion Potential
Self running but owner prepared to give a one month's training to buyer without experience
Supporting and Training
Someone with F&B experience would be advantageous but not required
Background & Skills

Property Information

Rent
Premise Status
3 years
Lease Term
Yes, it can relocate to other place
Relocatable
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