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Listing Id: 5246 Last Refreshed: 26/05/2019 11692 Views

Established Cafe In Upper Thomson Cafe Belt For Sale

Closed
Asking Price Under <span class='currency'>S$</span>50K
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$275,000
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$4,000

Business Operations & Assets

FFE
S$30,000 Price Included
Staff
2 Employee
Year of Incorporation
2015
Owner Role
Investor
Premise Status
Rent
Rental Deposit
S$7,500

Business Details

Reason For Sale

Managing Business Partner will relocate to another country

Description

Location
UPPER THOMSON ROAD


The cafe was established in 2015 by a few investors, as our managing partner has recently migrated, it is very difficult for the remaining investors to operate the place given all of us have other commitments.


The property is leased till Aug 2019 at a relatively low rate for ~900sqf cafe.
Sales for 2016 was > SGD270K


The takeover fee is negotiable depending if you are keen to take over the coffee equipments

For inquiries, please contact 81816916


 



 

Facilities

Chillers, Oven, Ice Makers, POS, Coffee Machine ( Subjective ) , Furnitures, Scandinavian Reno

Competition

Other Established Café in the area

Buyer Support & Terms

Seller Financing

Yes, seller financing is available.
Financing is negotiable
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