Singapore  Singapore

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Listing Id: 22173 Last Refreshed: 09/05/2021 Total Views: 1443

(Expired)🔥Rare! CBD Cafe / 4.5K Low Rental / 50 Seater / Huge Potential

Central AreaFood Stalls
Asking Price: S$75,000
Business For Takeover
Look For Investor
Look For Partner
Damien Toh

Overview

  • Premise Type Stall
  • Premise Size
  • Monthly Rental S$4,500
  • Rental Desposit S$0
  • Revenue N/A
  • Liability S$0
  • Gross Profit N/A
  • Net Profit N/A
  • Stock S$0
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff 2
  • Established 2010
  • Source Direct Seller

Reason For Sale

Old age

Description

Very prime location. At centre of CBD, with low rental of $4.5k per month, you can provide affordable food for office workers. Super rare, one of the only places in CBD that has low rental and allow heavy cooking.

Huge crowd. This location has been operating for over 10 years. Well known by office workers in the area.

Super low rental. CBD area and whole unit with potential to set up 2 or 3 cuisine. Free seating area with smoking corner outside the food stall. With just a rental of 4.5k, you can seat 50 people!

Low takeover fee of $75k. Equipment and renovation already cost $50k. Value of equipment and renovation can preserve for every long.

Huge space. Huge potential to expand the business and provide more food options.

Low manpower cost. Only require 2 workers to cook and settle drinks! They can settle everything.

Huge potential to do takeaway (Grab food and Foodpanda). Able to cook till late night, Saturday and Sunday and serve residents in the area as there are no cheap food here.

Takeover fee: $75k
Rental: $4.5k
Manpower: $2.2k and $2.4k
Daily sales: $1000 (work from home condition, without takeaway) $700 (takeaway at night)
Everything included, can start Day 1.
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