SingaporeOverview
Financial Performance
Revenue
S$20K - 50K
Gross Profit
Under S$5K
Net Profit
Under S$5K
Monthly Rentalt
S$11,934
Business Operations & Assets
FFE
S$74,000
Price Included
Staff
2 Employee
Year of Incorporation
2013
Owner Role
Part Time
Premise Status
Rent
Rental Deposit
S$35,802
Business Details
Reason For Sale
Owner has full time work committement
Description
Well decorated and heavily renovated F&B business; owner previously spent $300k on renovation and all equipment.
Business owner requires realignment, as has a full time job, and his part time investment in a cafe has taken quite a lot of his time away.
Will sell with entire inventory, staff and business contacts to enable business to continue running. A new company registration is recommended to tap onto government grants for equipment purchase and renovation vouchers (if required).
2014 is the last year for 160% cash payouts, and will revert to 60% from 2015 onward.
Will advise on legality of lease, company incorporation differences, and SPRING grant benefits.
Please contact for more information.
Facilities
200k renovation
Gelato chiller
Cake chiller
Barista machine
3 x Chiller
Freezer
POS System
Pizza Over
Dishwasher
iPad, TVs and hardwares
Gelato chiller
Cake chiller
Barista machine
3 x Chiller
Freezer
POS System
Pizza Over
Dishwasher
iPad, TVs and hardwares
Expansion Potential
Business does not have a strong website, Facebook or social media presence currently, and can be strongly built and expanded upon. Increase in revenue through games/services will be an added advantage. Increase seating capacity as it's full house on weekends.
Buyer Support & Terms
Support and Training
Yes
Background & Skills
Some F&B knowledge/experience will be helpful
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