Very Profitable Bistro Business For Sale In Great Location Within Private And HDB Enclaves

HISTORICAL INFORMATION:-

The business was incepted during the pandemic by 2 individual professionals working in the Financial and Legal industries for leisure to serve their clients in their respective industries from 5 to 10pm. The premises has a full restaurant license and the liquor license is now extended to 12am.

As the pandemic has come to an end, the place is mostly crowded during the night and as the owners are also overwhelmed by their day jobs, it has become a burden to the owners and the one in the legal services has left the business. Feeling heavily overwhelmed with the load of his day job and his night business, the sole owner is now looking to sell the business to the right person with great passion in food and beverages.

The premises is currently operating from 5pm to 12am only. There is a huge potential income from the breakfast, lunch, delivery and catering which are not being utilized although it is equipped with a fully functional kitchen. The premises come with a 3 bedroom apartment sitting above it and is currently tenanted at only $3,300/mth.

OTHER INFORMATION:-

Operating hours - Daily from 5pm till 12am.

Operational - April 2022 till todate

Turnover = ~$400k (end 2022)

Net Book Value = ~$450k

The  Director and Financial report as at 30 June 2023 is available upon entering a Non-Disclosure Agreement between the interested parties and Owner.