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Listing Id: 2673 Last Refreshed: 26/05/2019 12894 Views

Popular Ice Cream Franchise For Sale At Plaza Singapura

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
S$50K - 100K
Net Profit
S$20K - 50K
Monthly Rentalt
S$9,000

Business Operations & Assets

Stock
S$3,000 Price Included
FFE
S$30,000 Price Included
Staff
1 Employees
Year of Incorporation
2015
Owner Role
Part Time
Premise Status
Rent
Rental Deposit
S$25,000
Premises Details
Prime location at Plaza Singapura

Business Details

Reason For Sale

Major shareholder need to go back to Korea due to family commitment.

Description

Popular korean franchised ice cream shop from korea for sale.

Letting go because major shareholder need to go back to Korea due to family commitment.

Profitable and low entry because equipment are loaned from franchisor.

Pay back period: 6 months


For sale @ $30,000 (Excludes $25,000 rental deposit)

Includes : Franchise fee, rental deposit, renovation, signages and utensils.

Rental : $9,000

Type: kiosk

Balance lease: 2.5 years

Terms : Continue franchise contract, must continue same business.

Equipments are loaned from Franchisor, payable monthly (A deposit of $5,000 is required)

All license obtained. Just takeover and continue business.


Located at prime area in Plaza Singapura.


Franchised brand is strong and have great potential for growth. Franchisor will provide the neccessary training. 

Facilities

Good branding

Buyer Support & Terms

Support and Training

Yes. By franchisor.

Background & Skills

NIL.
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