Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
π½ Establishment
ππΌ June 2023
π½ Address of business operation
ππΌ Oppsite Haw Par Villa MRT station
π½ Shop/biz operation :
ππΌ monthly rental $44,670.60
ππΌ subject to GST
ππΌ approx 5,382 sqft
ππΌ balance lease approx 2 years and 2 months
ππΌ cost of renovation $1,000,000
ππΌ renovated about half year ago
π½ Yearly estimated gross revenue
ππΌ $3,600,000 (2023)
π½ Yearly estimated gross expenses
ππΌ $2,400,000 (2023)
π½ Staff : 13
ππΌ local - 8
ππΌ foreigner - 5
π½ Operating hours:
ππΌ Monday - Saturday
5pm to 1am
ππΌ Sunday 5pm to 11pm
π½ Selling price - $1.35M negotiable
ππΌ inclusive of
π brand name
π staff (if they are willing continue job with the new biz owner)
π customers data
π facebook/instagram/google account
π all fixtures, fittings, equipment & products inside the shop
ππΌ not inclusive of
π rental deposits
π deposits for SP Services, telephone, wifi & other deposits
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