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Listing Id: 3164 Last Refreshed: 26/05/2019 5691 Views

Great Location Profitable F&B Business For Takeover

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

Monthly Figures
Revenue
S$20K - 50K
Gross Profit
S$10K - 20K
Net Profit
S$5K - 10K
Monthly Rentalt
S$2,000

Business Operations & Assets

FFE
S$50,000
Staff
1 Employees
Year of Incorporation
2016
Owner Role
Full Time
Premise Status
Rent
Rental Deposit
S$4,500

Business Details

Reason For Sale

Moving to shop location

Description

F&B OPPORTUNITY TO START F&B BUSINESS WITH LOW INVESTMENT, LOW RENT AND GOOD CENTRAL LOCATION


We are upgrading our business location to a shop. We are looking for someone who has the passion to take over and run an existing profitable food stall.

Currently, we are located at Sengkang Kopitiam Square with ideal location near Sengkang MRT, LRT, Bus interchange and Compass One with heavy human traffic from the CC, Polyclinic, HDBs, school nearby. Our stall have great visibility and near the central drink stall. 


For $30,000 for fully setup business, includes the following:

- $50,000 worth of fully equipped setup: Includes Kitchen equipment, Display, Exhaust, Freezer, Chiller, Fryer, Food warmer, shelfing, stoves

- Good location in Central yet LOW rent (near MRT, LRT, Bus interchange)

- High visibility stall location

- Ongoing PROFITABLE Business

- Sufficient parking lots

- Regular clientele base

- Heavy human traffic

- Current business model: Lok Lok and steamboat. Also suitable for Yong Tau Foo, Wu Xiang 

- Can operate 24hrs

- Special sauce recipes including our hot favourite Teriyaki, Chilli and Satay Peanut sauce

- Enjoy new lease to guarantee low rent. Rental details will be discussed only with serious buyers (Rental is less than $4k monthly)


Business is profitable if you are running and managing it yourselves. 

Average revenue for stall at Kopitiam Square is approximately $20,000 in the past few months. You could cover back your investment in 4-6 months time.


If you have the passion in F&B, and is interested to jump start your venture into F&B, do contact us! Price is negotiable for serious buyers.

Capital needed to start your business is only $50,000. Message us today for discussion if you are keen to start your successful F&B business with low investment and low risk before this opportunity is taken.


Related news:

http://www.soshiok.com/content/check-out-whats-cooking-sengkang-food-centre

http://themiddleground.sg/2016/08/21/man-vs-vending-machine-hawker-food-showdown/


Buyer Support & Terms

Support and Training

Recipe for sauces

Background & Skills

F&B

Seller Financing

Yes, seller financing is available.
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