Singapore  Singapore

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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

  • Premise Type Stall
  • Premise Size 150 sqft / 14 sqm
  • Monthly Rental S$2,500
  • Rental Desposit S$12,800
  • Revenue S$10K - 20K
  • Liability N/A
  • Gross Profit S$5K - 10K
  • Net Profit N/A
  • Stock S$2,000***
  • FFE S$5,000***
  • Payable N/A
  • Receivable N/A
  • Owner Role Investor
  • Staff 2
  • Established 2
  • Source Direct Seller
  • ***Inlcude in the selling price

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
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