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Listing Id: 19078 Last Refreshed: 11/11/2020 Total Views: 1565

Well Known & Established Duplex Garden-Themed Cafe For Sale

Central AreaCoffee Shops and CafesHealth Food and Nutrition Shops
Asking Price: S$130,000
Business For Takeover
Look For Investor
Look For Partner
  • Premise Type Shopping Mall Premise Size
  • Monthly Rental S$4,800 Rental Desposit S$9,600***
  • Revenue S$200K - 500K Liability N/A
  • Gross Profit N/A Net Profit S$50K - 100K
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff N/A
  • Established N/A Source Broker
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Inlcude in the selling price
H&S Business Broker H&S

Reason For Sale

The current owner is letting go to concentrate on a overseas project. The owner is willing to train buyer for a smooth transition.

Description

This is an easy to operate café & bar for sale that has great operating hours, a full kitchen, seating for up to 35 people and only take 2-3 people to run the entire operation. This establishment is known for its décor with dried flowers and ferns dangling from its ceilings, giant plant wall within which double up as good photo spots.

The café serves quality food and wide variety of homemade desserts. The menu includes Charcoal Wings, Bacon Stuffed Mushrooms, Sauteed Garlic Prawns, Seafood Aglio Olio, Truffle Mushrooms Pasta, Laska Pasta, Sambal Pulled Pork Burger, Homemade Brownie with gelato, Rose Apple Pie just to name a few. The takeover of the business include the recipes.

It is located in the floor level of a mixed development located at Upper Serangoon Road that successfully integrates both residential and commercial units into a single entity. The cafe is minutes walk to Hougang MRT Station via a sheltered walkway and minutes walk to Hougang Bus Interchange. The cafe enjoy high visibility along Upper Serangoon Road.

It has an approximate 770 square feet space and a semi open concept commercial kitchen includes deep fryers, a flat top, a grill, a convection oven, all under the hood. The kitchen also has a prep area, a dish area, reach in coolers and a prep table. The front of the entrance has a service counter, a cashier POS system, a beverage cooler and a bar top sitting area. It is also equipped with exhaust tap-off, floor trap, water tap-off and connected to grease interceptor. Ready for immediate use.

Founded in the year 2018, this establishment has been featured on tripadvisor, hungrygowhere, shout.sg, eatbook, sethlui, mothership, timeout and voted top café in SG, over radio station. Customers can also order their food delivery from Food Panda and it has achieved a 4* review rating on the platform.

The interior décor of this café sale is tastefully done up. Besides the beautiful floral decor, it is also a warm atmosphere make for a tranquil environment perfect for a lunch and dinner. Current hours are Sun: 11am-9pm, Tue-Thu: 11am-11pm, Fri-Sat: 11am-12am. Close on Monday.

The current owner is letting go to concentrate on a overseas project. The owner is willing to train buyer for a smooth transition.
-Asking Price: $130,000 (Include rental deposit)
-Annual Revenue: $30,0000
-Net Profit: $100,000
-Company Type: Private Limited
-Premise Size: 750sqft
-Monthly Rental: $4800
-Rental Deposit: $9600 (Include in the asking price)
-Staff: 2 people
-Training By Owner: Yes
-NEA Approved with Grade A
-Liquor Licensee
-Include recipe and menu
-All kitchen equipment included in sales
-Nicely renovated. Fixture and furniture included in sale
-Inventories worth estimated $5000 included in sale
-Supplier list will be provided
-Welcome first-time entrepreneurs, the owner is willing to support and transfer knowledge and recipe.

Email: info@hnsbusiness.com

Property Information

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