Singapore  Singapore

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Listing Id: 31320 Last Refreshed: 11/05/2024 Total Views: 687

Profitable Fnb And Pubs Business For Takeover (Bugis)

Central AreaPUBsAsian RestaurantsThai Restaurants
Asking Price: S$2,500,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Commercial Street
  • Premise Size 4500 sqft / 418 sqm
  • Monthly Rental S$61,000
  • Rental Desposit S$300,000
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 13
  • Established 2022
  • Source Broker

Reason For Sale

Retire

Description

✔️Takeover Master Lease of whole building and highly profitable FnB business
(Workers' lodging, all staff and headcounts included)

✔️Takeover 2.5m

- Total Built-up 4500sqft
- Highly Profitable FnB business on ground floor (Average revenue 250k to 300k per month)
- 2 x Cat 1 PE licence on 2nd and 3rd Floor (Sublet to pubs at $19k, annual renewal)
- Liquor Licence until 3/4am
- Staff Lodging on 4th floor
- Rooftop un-utilised
- Total Rental $61k for whole building
- Balance Lease 5 years
- Rental deposit 300k

Property Information

5 years
Lease Term
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