Singapore  Singapore

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Listing Id: 28016 Last Refreshed: 05/04/2023 Total Views: 687

(Expired)Established & Profitable Bakery For Sale. ROI In 2 Years.

Bukit TimahBakeriesCoffee Shops and CafesDessert Shops
Asking Price: S$500,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type N/A
  • Premise Size 2000 sqft / 186 sqm
  • Monthly Rental S$8,000
  • Rental Desposit S$24,000
  • Revenue S$85,000
  • Liability N/A
  • Gross Profit N/A
  • Net Profit S$20,000
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 8
  • Established N/A
  • Source Broker

Reason For Sale

Family Commitment

Description

www.fnbsg.com
www.facebook.com/groups/fnbsg
www.facebook.com/officialfnbsg

Around 60 percent of "NEW" F&B establishment fail within the first year. 1 in 4 have been closing every year across all segments; hawkers, cafes to even high end fine dining restaurants. Whether its down to branding, location, manpower, operation, quality etc. The list goes on... . ..So why take the risk?

Takeover an established, profitable and well known cafe/ bakery. Self running. Owner giving up due to family commitment.

Potential new owner should be passionate about the cafe business and/or baking.

ROI in 2 years. Non Disclosure Agreement required.

Call F&BSG 9690 0002 for more information.

Business Operation

Business have been growing organically for the past 10 years. With no A&P.
Potential for satellite outlets (incl. franchise) for distribution and/or supply to other cafes.
Expansion Potential
6 months
Support and Training

Property Information

3
Lease Term
Yes, it can relocate to other place
Relocatable
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