Listing Id: 28094
Last Refreshed: 13/04/2023
Total Views: 3097
(Expired)Profitable Easy-To-Manage Cafe For Sale
HougangCoffee Shops and Cafes
Asking Price: S$50K - 100K
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Neighbourhood
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Premise Size
300 sqft / 28 sqm
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Monthly Rental
S$2,500
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Rental Desposit
N/A
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Revenue
N/A
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
Focus on other business.
Description
Profitable Cafe for Takeover
- Situated in Hougang - Captive catchment crowd - Attractive existing rental structure; very manageable space
- Stable revenue stream
- Yielding monthly profits - Gross Margins c. 75% - Net Profit Margins of 15-20%, after deducting staff cost. If you are operating it yourself, the profit margins will be higher at 35-40٪ - Marketing platforms all set up with good ratings (Google, Instagram, Facebook, Grab, Deliveroo etc.)
Takeover of 2 options to choose
1. Shop & Equipment 2. Shop, Equipment & Branding
Business is perfect for:
- If you are operating yourself, as the staff salary expense would be saved, which would go into your profits.
- As an investment, as this business can auto-pilot and run with minimal attention.
- First time operator/investor who wants to start an F&B that can already be plug-and-play
Reason for sale
Selling because I want to focus on another business. The need for sale is not particularly urgent as the business can already auto-pilot, but priority will be given to buyers who can act decisively (and need not be offering the highest price).