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Listing Id: 35899 Last Refreshed: 25/03/2025 453 Views

Front-Facing Food Shop For Takeover at Sim Lim Square Level 2

Expired
Asking Price S$25,000(Neg.)
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$4,300

Business Operations & Assets

Owner Role
Full Time
Premise Status
Rent
Premise Type
Shopping Mall
Rental Deposit
S$8,600 Price Included
Premises Details
Able to create a new lease with the landlord after current lease ends.

Business Details

Reason For Sale

Moving premises - not suitable for catering business

Description

Hi, we have a space ready for move in from late March to early April.
This is in a shopping mall nearby Bugis area, in Sim Lim Square, level 2.
The facilities is able to support light cooking and baking and will be suitable for a waffle stand, selling trendy bubble tea drinks, or selling simple cakes. Simple foods including boiling for preparation will also be suitable, or delivery of food from central kitchen.
If you would like to do a full food shop, it requires extra renovations such as hood, backsplash, and having coved flooring.

Facilities included in takeover price:
- 2x sinks
- 2 standing fridge, 1 display cooler, 1 countertop freezer
- chairs and tables
- shelving
- large stainless steel drinks counter with shelving
- plenty of table and storage space
- cash register and other utensils and cutlery (upon request)
- ice machine (requires compressor replacement with contact)
- installed vent fans and simple hoods
- pest control contract

Expansion Potential

Great potential as there is no good cake shop and no other F&B with good frontage on level 2, it's a rare find.

Buyer Support & Terms

Support and Training

Since we are only handing over facilities, there is no support and training provided unless it is required.

Seller Financing

Yes, seller financing is available.
Able to discuss, with an IOU written and signed by both parties, and copies of IC provided.
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