SingaporeOverview
Financial Performance
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$4,100
Business Operations & Assets
Staff
6 Employee
Year of Incorporation
2022
Owner Role
Full Time
Premise Status
Rent
Premise Type
Neighbourhood
Premise Size
750 sqft / 70 sqm
Rental Deposit
S$8,200
Price Included
Premises Details
currently only 1 outlet in a HDB shophouse. full sized unit with sole toilet.
Business Details
Reason For Sale
Moving overseas for expansion. Looking for a partner to manage SG operations, or takeover
Description
Located in the Heart of Singapore (AMK), and in many loyal regulars' hearts.
Low monthly rental of 4.1k for ~750sqft (indoors only, ORA not included). $5.47 psf.
Balance lease 17 months more till 16th Jan 2026.
Super rare, but we got an approval for our Liquour License class 1A till 2359.
Takeover fee includes:
- a good team (very hardworking full-timer for weekday opening shift, and regular part timers who have been with us for almost 2 years),
- SOP manuals
- recipes
- approx 60k worth of kitchen equipment
- 2 years of ACRA filings (2022, 2023 to be filed by nov)
- rental deposit of 8.2k (2 months)
Open to adding in a partner who wants to build this business with us/operate in our place, as we (the founders) will be posted overseas on an expansion and will not have the time to handle daily operations here. Not looking for someone who is solely interested in investing short term.
Low monthly rental of 4.1k for ~750sqft (indoors only, ORA not included). $5.47 psf.
Balance lease 17 months more till 16th Jan 2026.
Super rare, but we got an approval for our Liquour License class 1A till 2359.
Takeover fee includes:
- a good team (very hardworking full-timer for weekday opening shift, and regular part timers who have been with us for almost 2 years),
- SOP manuals
- recipes
- approx 60k worth of kitchen equipment
- 2 years of ACRA filings (2022, 2023 to be filed by nov)
- rental deposit of 8.2k (2 months)
Open to adding in a partner who wants to build this business with us/operate in our place, as we (the founders) will be posted overseas on an expansion and will not have the time to handle daily operations here. Not looking for someone who is solely interested in investing short term.
Facilities
rental significantly below market rate
60k worth of equipment
60k worth of equipment
Competition
kindkones (10 mil evaluation - 2022)
Expansion Potential
global vegan ice cream market expected to hit US$805.3 million by 2027
Buyer Support & Terms
Support and Training
all SOP manuals will be given.
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