Singapore  Singapore

Sell a Business

Listing ID: 15821 Last Refreshed: 15/08/2019 Total Views: 1723

Highly Profitable Restaurant & Bar In Great Location--Holland Village! (David: 91455466)

Central Area

Asking Price: S$240,000
  • Premise Type Commercial Street Premise Size 1700sqft
  • Monthly Rental S$30,000 Rental Desposit S$90,000
  • Revenue S$110,000 Cash Flow N/A
  • Gross Profit N/A Net Profit S$11,646
  • Stock S$6,000 Liability N/A
  • Payable N/A Receivable N/A
  • FFE S$50,000 Established 2017
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
David ECD RICH Pte Ltd
Email Owner
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Reason For Sale

Owners Focusing on Other Businesses

Description

(for discretion, photos used are stock-photos)


This restaurant cum bar is located in the prime F&B area of Holland Village. Owners are selling so as to focus and grow their other business.


Restaurant is being sold in its entirety. Assets will include:

-- Company and Brand Name

-- Lease (current lease ends in 1 year with a "+3 years option". New buyers can sign new Tenancy Agreement with landlord.)

-- Staff (kitchen and waiting staff) will be handed over. 

-- All the equipment in the restaurant: tables, chairs, kitchen equipment, etc. All done at an initial cost of approximately S$100,000

-- Social Media platforms (like Facebook, etc)

-- etc


Basically, you will be buying over a profitable restaurant with the equipment and staff to continue on seamlessly. Make money from Day 1!


Why you should buy this business?

- Buying a profitable business ensures a higher probability of success and profits. There is no trial and error! Just don't mess it up.

- Great location! Holland Village has been a great location for F&B for decades. With a new commercial mall coming, things can only get better! 

- NO waiting period to earn money. No sourcing for locations. No waiting for staff. Typically, setting up a business takes about 6 months. 6 months of waiting. 6 months of opportunity cost. With this business, you earn money from Day 1! Ready, set, go!

- Be an investor and earn passive income. The business is already run by staff. You dont really need to be around! You can continue with whatever you are focusing on. Of course, we recommend that you come by now and then to make sure everything is being run excellent. But, you DON'T NEED to be around.

- Buying a profitable sure beats having your money sitting around in the bank and earning next to nothing!

- Learn from someone who can coach you to be a successful restauranter. You always wanted to own a restaurant. For sure, you want it to be successful.. and, profitable. Well, you don't need to go at it alone! Current owner can guide you for the first month or two. They will be around for you to ask questions, and to learn the ropes of the business (the dos and don'ts).


So, dont wait and wait. Success and life is passing you by. Get on with it. Maximise your profits and minimise your risks purchasing this highly profitable restaurant cum bar! Call David: 91455466!

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