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Listing Id: 29563 Last Refreshed: 25/09/2023 1007 Views

Popular Western Ribs Shop For Sale

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This listing is no longer active and is not accepting enquiries.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
S$10K - 20K
Gross Profit
S$5K - 10K
Net Profit
Not Provided
Monthly Rentalt
S$2,500

Business Operations & Assets

Stock
S$2,000 Price Included
FFE
S$5,000 Price Included
Staff
2 Employee
Year of Incorporation
2
Owner Role
Investor
Premise Type
Stall/Kiosk
Premise Size
150 sqft / 14 sqm
Rental Deposit
S$12,800
Premises Details
Located within Timbre
Hot location with daily live band
Captive Audience from Expo Shows

Business Details

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 

Expansion Potential

Strong branding with multiple marketing efforts
Brand carried by BestFoody SG

Buyer Support & Terms

Background & Skills

F&B Experience
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