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Listing Id: 4036 Last Refreshed: 26/05/2019 9718 Views

Good Location Cafe For Sale! Good For New Entrant With No Experience~

Closed
Asking Price <span class='currency'>S$</span>180,000
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
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$5,300

Business Operations & Assets

FFE
S$35,000
Year of Incorporation
2014
Owner Role
Full Time
Premise Status
Rent
Rental Deposit
S$20,000
Premises Details
indoor space of 667 sqft and outdoor space of 952 sqft

Business Details

Reason For Sale

Owner run 3 restaurant/ cafe, looking to offload one to concentrate on the others

Description

Cafe located in Central Area with competitive rental and premises have to go through multiple bids to secure.

Rare huge premises with indoor and outdoor space of approx 1,600 sqft.

Fully functional cafe/ restaurant with machinery worth 3-40k and renovation done at 30k+. 
Above all include in final selling price

Average at least 3-4 corporate booking per month without much publicity

Non-Choosy client base 

liquor license


** as a sweetner, owner a veteran restaurant/ cafe owner are agreeable to guide new owner for 1 month FOC. (to hire a business consultant will easily cost up to ten of thousands) 

i.e how to run a cafe business/ where to get the cheapest supplier/ steps to get permits/ hiring do's and don't/ how to boost up social media presence and how to get publicity from media. Literally how to earn money from current competitive cafe business! 


Good for entreprenuer with little or no experience in cafe business or exiting cafe business which would like to expand to central area with cheap takeover fees and low rental.


Expect new owner to rev up the marketing aspect of the business to do more corporate event and not for those who buying over for passive income


Facilities

comes with existing F&B machinery etc. Machine are less than 2 years old and is a fully fitted renovation premises where new owner can move in the next day and start their business
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