Singapore

Sell a Business

Listing ID: 13694 Last Refreshed: 07/05/2019 Total Views: 12915

PRICE REDUCED!!! Well Known Premium Bar For Sale

Central Area

Asking Price: S$110,000
  • Premise Type N/A Premise Size 1700sqft
  • Monthly Rental S$0 Rental Desposit N/A
  • Revenue S$500K-1M Cash Flow S$50K - 100K
  • Gross Profit S$100K - 200K Net Profit S$50K - 100K
  • Stock S$15,000*** Liability N/A
  • Payable N/A Receivable N/A
  • FFE S$200,000*** Established 2015
  • Owner Role Full Time Staff 8
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Not inlcude in the selling price
lim tant muee
Email Owner

Reason For Sale

Health issues

Description

- Well-known rooftop bar 
- Located in Tiong Bahru area, near MRT, offices, and hotels 
- Foodshop license, Liquor license, Public Entertainment license 
- Fully equipped bar and kitchen 
- 1700 sq ft indoor space 
- newly renovated just over a year ago, furniture and equipment in good condition 
- 2 toilets, ideal for high customer traffic 
- ideal for private events, have frequent private events 
- POS, CCTV, zoned audio system installed 
- Takeover to include all existing inventory stock, equipment, and fixtures 
- Rental lease till June 2019, up for renewal 
- profitable business

Business Operation

5pm-1am
Business Hour
Newly renovated in July 2017. Newly replaced Kitchenwares and equipments.
Facilities
Not many competition near business. Only a few smaller bars around. The only rooftop bar in Tiong Bahru.
Competition
Can open branches if have capital.
Expansion Potential
2 Weeks
Supporting and Training

Property Information

Rent
Premise Status
pending negotiation
Lease Term
Hotel Rooftop
Premises Details
Yes, it can relocate to other place
Relocatable
Email Owner
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