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Listing Id: 1799 Last Refreshed: 26/05/2019 11798 Views

3Yrs Old Central Cafe For Sale

Closed
Asking Price <span class='currency'>S$</span>50K - 100K
Central Area Coffee Shops and Cafes Food and Beverage Businesses
Business For Takeover
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

SOLD

Overview

Financial Performance

Monthly Figures
Revenue
S$20K - 50K
Gross Profit
S$20K - 50K
Net Profit
Under S$5K
Monthly Rentalt
S$9,000

Business Operations & Assets

Stock
S$5,000 Price Included
FFE
S$200,000 Price Included
Staff
4 Employee
Year of Incorporation
2012
Owner Role
Investor
Premise Status
Rent
Rental Deposit
S$18,000
Premises Details
Charming Shop house with al fresco dining area, total space of 1700sqft. Kitchen fully fitted with baking capabilities, storage room.
Seated capacity : 50
Standing capacity : 90

Business Details

Reason For Sale

this is our non core business and we have no bandwidth to manage it anymore, looking to sell to focus more on our core business.

Description

Cafe is very well located in Singapore with 3yrs of existence and good reviews on all platforms (google, tripadvisor, yelp, etc) and well covered by local media.

Consumer crowd: families, students, expats, locals.

Strengths: very good coffee and unique items on menu, art theme, breakfast all day. Lots of space to host events (about 700sqft)


Facilities

Fully equipped kitchen with professional hood + storage room shelves + chiller display stand for cakes + barrista coffee machine + drinks fridge + unique vintage furnitures + art painting equipment + outdoor terrace furnitures

Competition

Competition from nearby mall however our theme is unique in the area

Expansion Potential

Outdoors area can be renovated to indoor area. Art area can easily be transformed in retail upselling business area or fully focussing on F&B.

Buyer Support & Terms

Support and Training

Management is willing to accompany the new buyer over a period of 6months and share SOPs

Background & Skills

Cafe is very well located in Singapore with 3yrs of existence and good reviews on all platforms (google, tripadvisor, yelp, etc) and well covered by local media.
Consumer crowd: families, students, expats, locals.
Strengths: very good coffee and unique items on menu, art theme, breakfast all day. Lots of space to host events (about 700sqft)
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