Businesses For Sale in SingaporeSingapore

Listing ID: 13933
Total Viewed: 442
Last Refreshed: 08/07/2018

Western Cafe Near Business City

Queenstown, Singapore

Asking Price : SGD200K - 500K

Revenue: Above SGD1M

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2014

Gross Profit: SGD500K-1M

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD100K - 200K

Liability: Not Disclosed

FFE: SGD150,000

Staff: Not Disclosed

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

Reason To Sell
We are selling our business because the company is looking to re-adjust our portfolio, reducing our exposure in cafes, and towards more concise Asian concept. This is due mainly to our shortage in labor and also our outlook on the future of the FNB industry.
Business Description

Our cafe business has been around for more than 4 years, and the outlet we are selling has become very popular in the vicinity. 


We have a strong working crowd customer base and regular event enquiries. Overall the years, we have gathered a strong base of followers, and many of whom have become regular customers at our cafe.


Together with our constant social media marketing, nicely done up interiors, and affordable good food, we have also become a destination cafe. This means that even though we are located in a business district, we continue to attact a very healthy crowd during weekends.


We are looking for potential buyers who are interested to take over and continue running the business. We will be selling the business as a whole, including:

Equipment

Furniture

Operation SOP manuals

Branding Touch points (Logo, Font, Color, Design)

Social Media and Website Account

System and Platforms set up

Customer Leads and Event Sales Leads

Consulting and Advisory Service for the first 2 months of operation (Training)

Supplier Leads


we will not be selling the business with our employees, even though our team will be assisting the new owners for the first 2 months of operation. The potential buyer is expected to recruit and hire his team of crew to take over the business at the end of the first 2 months.

Business Operations
Staff:
Not Disclosed
Property Information
Premise Status:
Rent
Premise Size:
2300sqft
Rental Fee:
SGD12,000
Lease Term:
Until April 2019 (Renewable with Landlord)
Premises Detai:
Shophouse

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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