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Listing Id: 4771 Last Refreshed: 26/05/2019 15468 Views

Well-Established And Renowned Franchise Coffee House Business For Sale

Closed
Asking Price <span class='currency'>S$</span>100K - 200K
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

Overview

Financial Performance

Annual Figures
Revenue
S$200K - 500K
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$11,000

Business Operations & Assets

Staff
2 Employee
Year of Incorporation
2015
Owner Role
Part Time
Premise Status
Rent
Premises Details
Physical outlet ranging from kiosks to 30 seaters plus.

Business Details

Reason For Sale

Owners have a full time job in other sectors, unable to cope with business.

Description


A famous and strong branding franchise coffee shop located at central area.
The shop not just serves famouse coffee, breakfast set, also some simple lunch eatings too.
The shop surrounded by the pleasant ambience and nearby few hotels.
They have tied up with a hotel to serve breakfast to the hotel guests on daily basis,
they have regular customers from office, school apart from those ad hoc walk-in.
Besides, they also tie up with a company for corporate advance orders and also provide meals for certain musical events.                                                                         
Apart from regular cusotmers, target tourists attractive on weekends as well.
Physical outlet ranging from kiosks to 30 seaters, franchsor has central kitchen provide raw material to ensure freshness and fully supportive.

Facilities

Fixed Assets all paid for and as is where is basis
Franchise License 50k + 28k paid off
Loyalty fee at 3%, no renew fee

Competition

Yes, but the advantages they have:
1) process flow efficiently established, properly managed.
2) they have agreement with Hotel to provide their guests with Breakfast on daily basis
3) they have established a wide base of loyal customers
4) they have business connection with a Company to provide lunch to Corporate Companies.
5) they turned away the invitation to provide Breakfast as we do not have enough manpower to do so in early morning.
6) their trained staff and no hit-ups when new owner takes over the cafe

Expansion Potential

Yes. Other business opportunity.
Cafe is capable of investing in night business like casual dining with beer/wine, dart competition, cozy lounge etc

Buyer Support & Terms

Support and Training

Yes
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