Listing Id: 29563
Last Refreshed: 25/09/2023
Total Views: 970
(Expired)Popular Western Ribs Shop For Sale
Central AreaFast Food RestaurantsFood Stalls
Asking Price: S$25,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
Stall
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Premise Size
150 sqft / 14 sqm
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Monthly Rental
S$2,500
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Rental Desposit
S$12,800
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Revenue
S$10K - 20K
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Liability
N/A
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Gross Profit
S$5K - 10K
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Net Profit
N/A
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Stock
S$2,000***
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FFE
S$5,000***
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Payable
N/A
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Receivable
N/A
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Owner Role
Investor
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Staff
2
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Established
2
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Source
Direct Seller
Reason For Sale
Moving Overseas; Unable to manage remotely
Description
Food Shop @ Timbre Expo
Setup similar to Tiimbre @ OneNorth which has been operating for 10-20 years due to good crowds and business
Selling due to personal reasons of moving overseas
Immediate availability, ongoing operations
Good business with low overheads, good staff, profitable
Excellent location due to captive audience from multiple Expo shows
Located in Timbre Expo
Daily Live Band from Tuesday - Friday
High crowds for both lunch and dinner
Lunch: Nearby Changi Business Park
Dinner: Crowds due to live band, hip location
All day: Expo event attendees
Sale includes takeover of
- instagram page with 1.2k active followers (picture below). active marketing
- facebook page with full 5 star reviews
- brand website donshabbq.com
- working marketing relationship with BestFoody SG; direct liasion with CEO Franky Nai
- supplier contacts and full handover
- UOB Corporate Account
- Business ARCA with registered UEN, Private Limited Company
- takeover of current lease area; set to renew in Dec 2023
- recipe for SG famous BBQ Beef Ribs (featured on BestFoody SG, SG Top Foods, HalalHunt)
- industry leading Hoshizaki 2 Door Upright Combination fridge (purchased in april 2023, condition good as new with many years of lifespan. RTP 2.3k, warranty invoice provided)
- air fryer, freezer
Profitable year 2022 financial report available on request (2023 FYE not yet)
Contact Owner @ 81268430 for further discussion
Business Operation
Strong branding with multiple marketing efforts
Brand carried by BestFoody SG
Expansion Potential
F&B Experience
Background & Skills
Property Information
2 year lease until Dec 2023, after which renew with landlord
Lease Term
Located within Timbre
Hot location with daily live band
Captive Audience from Expo Shows
Premises Details
Yes, it can relocate to other place
Relocatable