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Listing Id: 25267 Last Refreshed: 12/07/2022 2530 Views

PRICE REDUCED! Famous Coconut Shake Outlet In Good Location For Takeover

Closed
Asking Price S$25,000(Neg.)
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$10K - 20K
Gross Profit
S$5K - 10K
Net Profit
S$5K - 10K
Monthly Rentalt
S$2,300

Business Operations & Assets

Owner Role
Full Time
Premise Type
Neighbourhood
Rental Deposit
S$4,600 Price Included

Business Details

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

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