Listing Id: 25267
Total Views: 2478
(Sold) PRICE REDUCED! Famous Coconut Shake Outlet In Good Location For Takeover
Bedok
Date Closed: 12/07/2022
Asking Price: S$25,000(Neg.)
- Overview
- Reason For Sale
- Description
Overview
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Premise Type
Neighbourhood
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Premise Size
N/A
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Monthly Rental
S$2,300
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Rental Desposit
S$4,600(Neg.)***
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Revenue
S$10K - 20K
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Liability
N/A
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Gross Profit
S$5K - 10K
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Net Profit
S$5K - 10K
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
Unable to handle the logistics of the business alone due to core business
Description
PRICE REDUCED! PROFITABLE Renowned Coconut Shake Outlet near Famous Bedok 85 Bak Chor Mee for Immediate Takeover
- Good location near Bedok 85 Fengshan Market
- Inclusive of all equipment, furniture and fittings
- Nice Renovation worth $18,000
- Air conditioning
- Approx 23sqm
- High human traffic
- Include 1 X full time local staff, 3 X well trained part timers
- Hassle-free transfer of POS system and delivery platform accounts (Grab, Food Panda, Deliveroo & Shopee Express Collection Point)
- Training will be provided
- Rental $2.3k/ month
- No royalties payable for this Franchise
- All in Takeover Fee S$25,000 inclusive of Franchise Fee paid (Franchise agreeement of 2yrs, with $0 renewal)
However, if you choose to buy the franchise direct from the Franchisor, start up cost likely to be around $65,000.
- Franchise fee $50,000 (Inclusive: 1 set of equipment exclude ice-maker machine and Renovation up to $10,000)
- 2mths rental deposit + 2mth advance rental: $6900
- Ice Maker Machine + other miscellenous furniture: $2000
- POS system: Upfront payment of around $4500, reimbursement via PSG grant (70%) after 1mth.
- Supplies and rolling cash: $2000
- Time & effort to find your "perfect" location
- Time & effort to sign up for delivery platforms
Singapore