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Listing Id: 13633 Last Refreshed: 07/05/2019 9356 Views

Profitable Established Organic Food Restaurant For Sale!

Closed
Asking Price S$750,000
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$50K - 100K
Gross Profit
S$20K - 50K
Net Profit
S$10K - 20K
Monthly Rentalt
S$12,000

Business Operations & Assets

Staff
4 Employee
Year of Incorporation
2015
Owner Role
Full Time
Premise Status
Rent
Premise Size
1400 sqft / 130 sqm
Rental Deposit
S$30,000
Premises Details
Ground Floor Shop House Restaurant

Business Details

Reason For Sale

Owner looking to re-locate

Description

Since opening the concept in late 2015, providing healthy food that reaches a wide audience of locals & westerners, the business has gone from strength to strength.

The business serves the CBD crowd of Tanjong Pagar, Telok Ayer & Raffles place, however has brought in crowds from all areas of Singapore & also internationally due to its well thought through menu, ease of access through delivery partners, and catering options.


Having built its reputation, with 200% growth in the 2nd year, the current 20% growth year on year has come from a combination of its 60% repeat loyal customers, raving reviews on social media & media following including Channel News Asia & Straits times.


With more and more people turning to nutritious, well-balanced menus, the business has had a lot of requests for multiple outlets & its demand shows fantastic potential for growth. Since day one systems & processes have been strictly put in place & it comes with a well trained, committed operational team, needing guidance only for future plans.


This is a pioneer business within F&B and a brilliant opportunity for someone wanting to expand across Asia in a still premature market.

Assets include;

All operating kitchen equipment

All POS & printing equipment


Full seating indoor & outdoor furniture for 40+ seats

Staff HR manuals, recipes guides including images, standing operating procedures for every operational role.

Other ;

Easy central access to 2 major MRT stations 

Alcohol licence 

Lease is 3+2 but friendly landlord also flexible on longer extension

Strong brand presence, with over 3000 social media followers on instagram/facebook/mailing list

Considering Offers in the range $350K - $750K SGD


Facilities

Assets include;

All operating kitchen equipment
All POS & printing equipment
Full seating indoor & outdoor furniture for 40 seats
Staff HR manuals, recipes guides including images, standing operating procedures for every operational role.

Competition

Healthy eating is becoming the new norm and there is a wave of new places opening however by establishing in the market early, when competition was minimal, we have established a solid brand and a loyal customer base.

Expansion Potential

We have had numerous requests for additional outlets as well as potential investors however we have focused on developing the commercial success of the first outlet before considering expanding to scale.
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