Singapore  Singapore

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Listing Id: 3590 Last Refreshed: 07/05/2019 Total Views: 4235

Artisanal Gelato & Dessert Cafe For Sale

SingaporeCoffee Shops and Cafes
Asking Price: Price On Request
Business For Takeover
Look For Investor
Look For Partner
Yeo Si Min
Email Owner

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$5,600
  • Rental Desposit N/A
  • Revenue S$100K - 200K
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established 2015
  • Source Direct Seller

Reason For Sale

Owner have other business commitments

Description

Specialised in artisanal gelatos and plated desserts, located in central & good location - Tg Pagar. Sale of coffee and tea too. Owner is looking for takeover due to other business commitments.

Business has been in operation for 1.5 years and have gained a good database of regular customers. Good visibility, right in front of bus stop and in the stretch of korean restaurants and bars. Located within 5 mins walk from Tanjong Pagar MRT station. Serviced apartments, hotels and high levels office building in progress. Lease ending in June 2017, with availability of renewal and negotiation of rental fees.

Shop equipments and renovation has been fully paid. Shop size 800 sqft. Price is all-in inclusive, with recipes and training provided. Kindly whatsapp owner at 9829-4015 for more details.

Current seating : 30 pax. Potential to increase seating capacity. Targetting dine in, deliveries and takeaways, office crowd, hangout night crowds and residential areas. Potential to increase menu for cafe brunch and dinner. High gross profit margin.

Business Operation

12 noon to 11pm
Business Hour
Potential to increase seating capacity and convert to full cafe menu. Profits potential to double/ triple.

Hotel, serviced apartment, high rise office building and tallest residential skyscraper in construction, estimated to complete by 2017.
Expansion Potential
Support and training will be assisted
Support and Training

Property Information

Rent
Premise Status
2 years
Lease Term
Good visibility, located behind the bus stop. Within 5 mins walking distance from Tanjong Pagar MRT station. Along a stretch of korean cuisines and bars.
Premises Details
Yes, it can relocate to other place
Relocatable
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