SingaporeOverview
Financial Performance
Revenue
S$20K - 50K
Gross Profit
S$10K - 20K
Net Profit
S$5K - 10K
Monthly Rentalt
S$8,000
Business Operations & Assets
Stock
S$500
Price Included
FFE
S$4,000
Price Included
Staff
1 Employees
Year of Incorporation
2013
Owner Role
Full Time
Premise Status
Rent
Rental Deposit
S$24,000
Business Details
Reason For Sale
Returning to Homeland
Description
Profitable food court stall in shopping mall in central area for takeover/sale. Has high foot traffic and business can continue immediately. New owner can choose to sell existing food, or change a cuisine completely, subject to management approval.
- Operating for more than 3 years
- Profitable business
- Very fast return on investment (ROI) in less than 6 months
- Staff and chef can be kept or re-hired, flexible arrangement
- Seller is relocating back to homeland; thus need to sell
Ideal situation will be a new owner with some F&B experience. A new company registration is recommended for claims for Productivity Innovation Credit (up to $15,000 cash and thereafter $100,000) and ICV vouchers (2 x $5,000), which are incentives given by the government.
My team and I will get a staff from SPRING to assist you with claims as well.
* Picture credits: Hanrik
Facilities
High food traffic, very packed during weekends and evenings
Expansion Potential
Complete change in cuisine possible, introduce new food items
Buyer Support & Terms
Support and Training
Hand holding and training can be provided by the seller for 1 month
Background & Skills
Business operations, F&B experience will be useful, hired and worked with foreign manpower
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