Listing Id: 26729
Last Refreshed: 14/11/2022
Total Views: 563
(Expired)Profitable Gelato Cafe For Sale In Strategic Location
TampinesDessert ShopsIce Cream Shops
Asking Price: S$50,000(Neg.)
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Neighbourhood
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Premise Size
N/A
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Monthly Rental
S$3,500
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Rental Desposit
S$10,500***
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Revenue
S$20,000
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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
Health Issue
Description
Matured Gelato Cafe for sale. Had been operating for 2 years in HDB area. Consistant daily sales with potential to achieve higher revenue as no marketing/advertising had been done so far. Potential to add more seatings at outdoor area. Potential to add more items to existing menu. We have strong customer base with many regulars and new walk-ins.
Main crowd consist of family, teens, students and residents in the vicinity. Strategic location with late-night hangout nearby. Current lease term till December 2023, further renewal can be discussed with the Landlord directly.
Operation is very much simplified and will provide run-through / training to facilitate handover. Suppliers' contact and orders will be provided as well.
This business is perfect for anyone who like to run an already-operational business at a fraction os the full cost. Profit margin is achievable up to 40%-50%.
Equipment and assets are fully paid for with 0 outstanding. Asking price(negotiable) is inclusive of the current rental deposit.
I am contactable (Whatsapp/SMS/Call) to discuss further.