Singapore  Singapore

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Listing Id: 29871 Last Refreshed: 27/11/2023 Total Views: 1254

Profitable Bistro Within Private And HDB Estates For Takeover (Price include $276,000 prepaid rent)

SeletarWestern Restaurants
Asking Price: S$298,000(Neg.)
  • Premise Type Neighbourhood Premise Size N/A
  • Monthly Rental S$12,000 Rental Desposit N/A
  • Revenue S$35,000 Liability N/A
  • Gross Profit S$21,000 Net Profit S$6,000
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Part Time Staff N/A
  • Established N/A Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
Tan Jacksaa
Email Owner

Reason For Sale

Owners overworked


This business was startup by a legal and financial professional in early 2022 where the covid measures were still in place and while they were working from home, this establishment was intended for them to meet their clients here at Jalan Kayu. As the pandemic ended and the owners had to report back to office, they can only manage the place after 6pm. The whole daytime has gone to waste. They are currently overwhelmed by their day jobs that they decided to sell this business.


This business is located within a private and HDB housing enclave on a private shophouse operating as a Bistro with restaurant and Liquor License. The rent of SGD12,000/mth has been fully paid till 30 Sep 2025.


Asking offer                        $298,000


Pre-paid Rental                  ($  276,000)

Plant & Equipment             ($  16,404) as of 30 June 2023

Furniture                            ($    7,500) as of 30 June 2023

Fitting and Fixture              ($ 97,461) as of 30 June 2023

Excluded – all inventories are excluded in the takeover price.

Financing is available

Can accept $200,000 payable by installments at effective interest of 4.78%p.a. over 20 months.

Deposit = $98,000

Monthly installment = $10,796 over 20 months.

The reason for them to let go of this business is they do not have time to grow it as can be seen that the place is only operating from 5pm till 12am.


Average turnover per month $35,000.

Average net earnings $6,000


Property Information

Premise Status
Email Owner
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