Listing Id: 28422
Last Refreshed: 23/05/2023
Total Views: 1124
(Expired)Established Ice Cream Shop With Manufacturing Capability Looking For Takeover
Central AreaIce Cream Shops
Asking Price: S$180,000
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Commercial Street
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Premise Size
400 sqft / 37 sqm
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Monthly Rental
S$5,000
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Rental Desposit
N/A
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Revenue
N/A
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
Selling to pursue other opportunities
Description
[LOOKING FOR TAKEOVER]
Ice Cream Shop located within a shopping mall in town area
Equipped with Carpigiani ice cream machine (top tier ice cream churning machine)
Currently, apart from shop's sales, the business also supplies to two other businesses/clients
Owners' intention has always been to set up the business and sell it off -- because this is the owners' side hustle
COGS of ice cream is approx. 20% of the selling price
SOPs all ready
Currently operational
Rental is approximately $5K
Interested parties to sign NDA
Owners selective about partners who takeover
Requires full-time commitment to run the business on both B2C and B2B aspects
Good for first-timers who would like to set up a dessert shop without knowledge
All SOP, recipe etc. provided
- Renovation > $100K
- Lease term 3 years (balance 2 years)
- Takeover fee of $180K includes all equipment (>$30,000 even after taking into account of depreciation)
- Takeover fee also includes security deposit (approx $15K) held by the mall
No low-ballers. Only sincere buyers
P&L will be shown only when buyer's profile is deemed fit by present owners
Singapore