Singapore's No. 1 AI-powered business marketplace

Post Ad
NEW New AI tools: Listing analysis reports are now available on each ad. | Advertisers can use AI to write better titles and descriptions.
Learn more →
Listing Id: 2727 Last Refreshed: 26/05/2019 7214 Views

Cosy And Nice Cafe @ University For Taking Over

Closed
Asking Price <span class='currency'>S$</span>30,000
This business has been Sold

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

Overview

Financial Performance

Annual Figures
Revenue
S$100K - 200K
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$1,097

Business Operations & Assets

Staff
3 Employee
Year of Incorporation
2014
Owner Role
Full Time
Premise Status
Rent

Business Details

Reason For Sale

Owners are two ladies and due to age, both physically not able to cope with the long working hours and the increasing workload from the picking up sales

Description

The cafe focuses to serve the staff and students of Singapore University of Technology and Design but is opened to public as well. The café is within the walking distance to future MRT ready in 2017 and surrounded by Business park, landed properties, condominiums,  exhibition centres, hotels, offices and factories. There are plenty of parking space accessible to the public.


Our food are highly raved about,  on the menu are local delights, Simple Japanese and Korean rice / noodle set, waffles, sandwiches, western delights, cakes and pastries, coffee / tea and drinks. we have one of the best waffles, coffee and cakes in town. We are going into online business for our well-received cakes and pastries too! There is definitely high business growth potential here.


Fully renovated and equipped with baking ovens, chillers, Freezers, cake display counter, cashier POS, premium coffee machine, waffle machine, air fryers, induction cookers, baking rack, griller, Ice maker, warmer, air purifiers, microwave oven, furniture, storage racks and utensils etc.


Areas: ~100m2 or 60 seats


Rental:  less than $1600 per month


Fully established social media set up with company website / Facebook and Instgram.


Revenue around $100k - 200k per year based on 5.5 work days excluding breakfast / Sat and Sun / PH sales. Sales potentially could be much higher if extend the operating hours to include the above period.


Can continue and start operation immediately.


Owners are two ladies and due to age, both physically not able to cope with the long working hours and the increasing workload from the picking up sales.

 

Facilities

well renovated, cosy and spacious

Competition

Other cafes in the university

Expansion Potential

MRT station opens in 2017, nearby Changi Business park, landed properties, condominiums, Hotels, exhibition halls and factories
Important Disclaimer

Listing information is provided by the listing provider or their representatives and has not been independently verified by our platform. Users should verify all information and conduct their own due diligence before making any decision, payment or commitment.

All communications, agreements, transactions, disputes and claims are solely between the relevant parties.

Learn how to avoid scams

Just a moment... we are processing the request