Owner going back to full time employment and wants to let a better person bring it forward.
Description
Premium vegan ice cream along with pastries and coffee/ tea. Serves mainly locals and expats living around the area. - Franchisee of premium vegan ice cream brand - Employs 1 full time staff with more than 10 rotating part timers - Centrally located upmarket mall near Orchard - Seating area around 25 (can be increased) - Monthly sales 30-40k - Huge potential to upscale
600sqft on competitive terms, 19 mths to go on current lease. Business is self funded. No debt and stable cash flow of 30-40k per month. What you get: Franchise rights worth 25k, Freezers and chillers, Espresso machine and grinder, 5-star Google review service staff
Business Operation
Franchise rights worth 25k, Freezers and chillers, Espresso machine and grinder, 5-star Google review service staff
Facilities
Coffee outlet beside the shop, ice cream outlets within the mall
Competition
Holders of the franchise are able to open more outlets. Seating space can be increased. More food items can be sold.
Expansion Potential
Yes, this is franchise business. - 10-year franchise rights (8.5 years left) - low royalty fee
Franchise
Selling owner will provide hands-on support for up to 3-mths. 5-star Google review service staff to train up new staff, if any
Support and Training
Not necessary
Background & Skills
Property Information
Rent
Premise Status
3-year lease ending July 2027
Lease Term
600 sqft on lower than market rate terms, split into half dining area and half kitchen
All listings, including descriptions, data, and images, are provided by the seller or their representatives. We do not verify the accuracy, completeness, or authenticity of any information and offer no guarantees or warranties.
Any disputes, claims, or decisions arising from the information provided in listings are solely between buyers and sellers. Learn how to avoid scam.
Singapore
