Listing Id: 32727
Last Refreshed: 29/08/2024
Total Views: 1353
(Expired)Viral Plant-Based Cafe For Sale
Ang Mo KioDessert ShopsIce Cream Shops
Asking Price: S$150,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
Neighbourhood
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Premise Size
750 sqft / 70 sqm
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Monthly Rental
S$4,100
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Rental Desposit
S$8,200***
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Revenue
N/A
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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
6
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Established
2022
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Source
Direct Seller
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.
Business Operation
rental significantly below market rate
60k worth of equipment
Facilities
kindkones (10 mil evaluation - 2022)
Competition
global vegan ice cream market expected to hit US$805.3 million by 2027
Expansion Potential
all SOP manuals will be given.
Support and Training
Property Information
17 months till 16 jan 2026
Lease Term
currently only 1 outlet in a HDB shophouse. full sized unit with sole toilet.
Premises Details
Yes, it can relocate to other place
Relocatable
Singapore