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Listing Id: 3590 Last Refreshed: 07/05/2019 8825 Views

Artisanal Gelato & Dessert Cafe For Sale

Asking Price Price On Request
Singapore Coffee Shops and Cafes Food and Beverage Businesses
Business For Takeover

Overview

Financial Performance

Annual Figures
Revenue
S$100K - 200K
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$5,600

Business Operations & Assets

Year of Incorporation
2015
Owner Role
Full Time
Premise Status
Rent
Premises Details
Good visibility, located behind the bus stop. Within 5 mins walking distance from Tanjong Pagar MRT station. Along a stretch of korean cuisines and bars.

Business Details

Reason For Sale

Owner have other business commitments

Description

Specialised in artisanal gelatos and plated desserts, located in central & good location - Tg Pagar. Sale of coffee and tea too. Owner is looking for takeover due to other business commitments. 


Business has been in operation for 1.5 years and have gained a good database of regular customers. Good visibility, right in front of bus stop and in the stretch of korean restaurants and bars. Located within 5 mins walk from Tanjong Pagar MRT station. Serviced apartments, hotels and high levels office building in progress. Lease ending in June 2017, with availability of renewal and negotiation of rental fees.


Shop equipments and renovation has been fully paid. Shop size 800 sqft. Price is all-in inclusive, with recipes and training provided. Kindly whatsapp owner at 9829-4015 for more details.


Current seating : 30 pax. Potential to increase seating capacity. Targetting dine in, deliveries and takeaways, office crowd, hangout night crowds and residential areas. Potential to increase menu for cafe brunch and dinner. High gross profit margin.

Expansion Potential

Potential to increase seating capacity and convert to full cafe menu. Profits potential to double/ triple.

Hotel, serviced apartment, high rise office building and tallest residential skyscraper in construction, estimated to complete by 2017.

Buyer Support & Terms

Support and Training

Support and training will be assisted
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