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Listing Id: 38773 Last Refreshed: 27/08/2025 Total Views: 18

Invest In Specialty Cafe And Events Space Located In The Vibrant East Coast/Joo Chiat Area

East CoastCoffee Shops and Cafes
Asking Price: S$650,000(Neg.)
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  • Overview
  • Reason For Sale
  • Description
  • Business Operation
  • Property Information
  • Supporting Document
  • Premium Buyer

Overview

  • Premise Type N/A
  • Premise Size 4000 sqft / 372 sqm
  • Monthly Rental S$23,000
  • Rental Desposit S$46,000
  • Revenue S$100,000
  • Liability S$0
  • Gross Profit S$10,000
  • Net Profit N/A
  • Stock S$50,000***
  • FFE S$400,000
  • Payable S$5,000
  • Receivable S$0
  • Owner Role Full Time
  • Staff 11
  • Established 2020
  • Source Direct Seller
  • ***include in the selling price

Reason For Sale

The founder is managing two other startups and travelling three weeks a month, is ready to divest 50-85% of the business due to limited time availability. - With this investment, we will be able to maintain the cafe as is and drive it to profitability. - The founder will remain an advisor and continue leveraging their network, which drives a significant portion of the event's revenue.

Description

- Modern coffee house and community hub for specialty coffee, hearty food and human connections.
- We are the cornerstone of the tech community in Singapore and regularly host events for partners like:
• Key. ai.
• The Generative beings.
• Kurate.
• eChai Ventures.
• The Product Folks.
• XA Network.
• Women in VSEA.
• Remarkable Women in Tech and Business.
• Asia Startup Network.
• The 100 Club.
• The Kali Collective.
- We have established our brand as a community hub centrally located in the vibrant East Coast/Joo Chiat area.
- We offer a diverse menu with specialty coffee and tea, international cuisine, and alcoholic beverages, catering to varied customer tastes.
- Maintain a compelling 4.5-star rating across multiple platforms, including Google and major food delivery services, reflecting high customer satisfaction.
- The business has achieved a strong operational standing, with EBITDA of 15% and an impressive yearly run rate of SGD 1 million.
- We hold a strategic liquor license, enhancing its product offering and drawing significant foot traffic.
- We rely on a reliable workforce of 10 employees, supplemented by part-time staff, ensuring flexible and efficient service delivery.
- Ongoing annual events contracts worth SGD 300 thousand with Singapore EDB, East Coast Comedy and SG Trivia.
Products & Services Overview
The business's top-selling menu items:
- Specialty coffee and tea.
- International food (All-day brunch food)
- Alcoholic beverages.
We also host 20 events a month all with 30+ pax. These contribute significantly to revenue through:
- Ticket fees.
- F&B.
- Space rental.
Assets Overview
Tangible assets:
- Kitchen equipment.
- Bar equipment.
- Coffee equipment.
- Furniture.
- AV equipment.
Facilities Overview
Level 1:
- Cafe across 2,000 sq. ft. facility.
- Fully equipped kitchen.
- Well-stocked bar.
- Popular specialty coffee programme.
Level 2:
- Coworking space spread across 1,800 sq. ft.
- Meeting rooms.
- AV setup with projector.
- Events space: Stand up comedy, improv, fireside chats, presentations and team offsites.
Capitalization Overview
- Funded through savings and sales income.
- No debt.
- No outstanding loans.
- 100% equity ownership with founders.

Business Operation

1. Brand, Digital Presence & Community Engagement
• Brand: The brand fosters community connection and a vibrant “third place.”
• Events: We host regular curated events—trivia nights, mixers, founder meetups, and creative workshops that drive recurrent footfall and engagement

2. Product and Customer Experience:
• First floor: Vibrant café for casual dining, coffee, and socializing.
• Second floor: Member-exclusive coworking; from $10/session, includes premium amenities and complimentary drinks.
• These combined facilities offer a rare combination fostering work and social mingling.
• Open Mon–Tues 8am–5pm, Wed–Sun 8am–10:30pm, supporting both casual and working clientele
• Popular menu offerings include brunch items (<$25), dinner specials, desserts, specialty coffee and cocktails.
• Catchment Area and Demographic Insights:
o Located in Katong–Joo Chiat area with residents being mostly working-age adults who are digital nomads, local professionals, families, founders, and community groups
o The catchment’s affluence, a healthy mix of locals and expatriates and density underpin sustainable demand and offer a valuable, diverse customer base.

3. Strategic Partnerships & Industry Standing
• Our partners with the Singapore Global Network and Global Federation of Trade Networks (GFTN) Singapore, strengthening its reputation as a preferred community hub and networking destination.
• These collaborations enable hosting of corporate networking events, startup mixers, and tailored community programs that attract an influential and diverse clientele.
• Additional partnerships with technology and professional groups advance our market position and support upcoming expansion.
Facilities
Category 1: The Hardcore Specialty Coffee Rivals
These cafes compete directly with Monk's Brew Club on the quality of their coffee beans and barista skills. Customers choosing between these are often deciding based on whose coffee they prefer that day.
- Neptune: Located along East Coast Road, Neptune is a major competitor. It's part of the popular group behind Atlas Coffeehouse and Apollo. It has a trendy, minimalist-industrial vibe and a very strong reputation for excellent coffee and a more extensive, inventive hot food menu. It's the go-to for a full, high-quality brunch experience alongside specialty coffee.
- Brawn & Brains Coffee: A well-respected name in the Singapore coffee scene, their Guillemard Road outlet is nearby. They are known for roasting their own beans and have a loyal following of coffee purists. Their vibe is clean, bright, and no-fuss. They compete on the purist's love for coffee.

Category 2: The Neighbourhood Mainstays & Bakeries
These are the comfortable, reliable spots that locals frequent, competing on convenience, comfort food, and baked goods.
-Micro Bakery & Kitchen (Red House): A hugely popular bakery known for its exceptional sourdough bread and artisanal baked goods. While it has a smaller coffee program, people flock here specifically for the pastries and bread. It wins on the strength of its bakery offering.
-The 1925 Brewing Co. Joo Chiat: While primarily a taproom for craft beer, it also operates as a cafe and restaurant. It competes by offering a different beverage focus (beer) and a full, robust food menu, attracting a dinner and evening crowd that a cafe like Monk's Brew Club might not.
Competition
We stands out as a rapidly growing, highly rated specialty coffeehouse and community hub with a distinctive dual offering of café culture and coworking. Supported by strong financial improvements, robust local affluence, engaged digital followers, and strategic partnerships, we present a unique and scalable investment opportunity with a proven path to profitability and regional growth.

There is definite potential for an additional location in Central Singapore in the River Valley area. We also have a full blueprint ready for international expansion and are happy to share it.
Expansion Potential
- All the staff are experienced in their respective fields and independently manage their stations. We have 5 Chefs, 4 Baristas and 2 Bartenders and 1 Marketing Manager. All the staff will be retained
- Current owner will stay minorty partner <15% or a consultant for a period of at least 2 years from date of sale
Support and Training

Property Information

Rent
Premise Status
2+1 Years
Lease Term
We are a specialty cafe that positions itself as a tranquil, almost contemplative retreat from the bustle of East Coast Road. It leverages a unique theme that blends medieval European monastic traditions with the modern "third-wave" coffee culture.
Core Identity & Vibe:
-Thematic Experience: The name isn't just a gimmick. The interior is designed to evoke a modern monastery, featuring stone-like textures, arches, dark wood, and a generally serene, minimalist aesthetic. This creates a calm, focused atmosphere, making it a popular spot for working, reading, or quiet conversations.
-Specialty Coffee Focus: At its heart, it's a serious coffee establishment. They offer a curated selection of single-origin beans, often from unique or less-common regions. Their baristas are skilled in various brewing methods, from standard espresso-based drinks (lattes, flat whites) to pour-overs, catering to coffee aficionados.
-Curated Food Menu: The food menu is concise and designed to complement the beverages rather than overshadow them. It typically includes artisanal pastries, high-quality cakes (like their popular Basque Cheesecake), and a small selection of well-crafted brunch items or sandwiches. The focus is on quality over quantity.
-Target Audience: It attracts a mix of local residents, serious coffee lovers, students, and professionals looking for a quiet place to work ("third space"), and those drawn to its unique, Instagrammable aesthetic.

Unique Selling Proposition (USP):
Our primary USP is its unique, tranquil monastic theme combined with a high-quality, specialty coffee offering. You don't just go there for a coffee; you go for the serene experience and the peaceful ambiance that other cafes don't offer.

Facilities Overview
Level 1:
- Cafe across 2,000 sq. ft. facility.
- Fully equipped kitchen.
- Well-stocked bar.
- Popular specialty coffee programme.

Level 2:
- Coworking space spread across 1,800 sq. ft.
- Meeting rooms.
- AV setup with projector.
- Events space: Stand up comedy, improv, fireside chats, presentations and team offsites.
Premises Details
Yes, it can relocate to other place
Relocatable

Supporting Document

FY2024 - Final P&L.pdfMonk

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