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Listing Id: 32668 Last Refreshed: 07/11/2024 2737 Views

Late Night Gelato Ice Cream Cafe For Takeover (Hdb Shophouse)

Closed
Asking Price Price On Request
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$26,000
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$6,300

Business Operations & Assets

Owner Role
Part Time
Premise Status
Rent
Premise Type
Neighbourhood
Premise Size
600 sqft / 56 sqm
Rental Deposit
S$11,600
Premises Details
Shop located in central neighborhood area right opposite MRT.
Within walking distance to 2-3 reputable schools.
Located within walking distance to large industrial offices.
Same stretch of stalls with other F&Bs (Thai, Indian, Fast Food) that opens until late.
Floor area around 600sqft with 20+ indoor and 10+ outdoor seating capacity.
Rental S$6300, no GST required. Lease expires in Nov 2025, and can liaise with landlord to extend.

Business Details

Reason For Sale

Partnership commitment issues

Description

Gelato and Waffle late night cafe in Neighborhood area.
Current Menu: 18 Flavors Gelato, Waffle, Croffle, Finger Food, Coffee and other beverages.
Option for new owner to expand to include main dishes and wider range of beverages to increase sales.
Takeover Fee to be discussed.

Takeover includes:
All equipment, furniture and fittings, and inventory to continue immediately as it is.
Store Branding, Social Media, Google Maps reviews with high ratings.
Social Media can be managed by staff.
Experienced team of 10 Part-Time Staff (Local).
SOP and training for new business owners can be provided.

Expansion Potential

Untapped avenues for expansion:
- Extension of menu to include main dish, alcohol for late night crowd
- Online channels (Grab, FP, Deliveroo, own website for sales)
- Paid media marketing / mass marketing
- Targeted marketing campaigns (nearby offices, nearby schools)
- Events catering
- Franchising

Buyer Support & Terms

Background & Skills

F&B
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