Singapore  Singapore

Sell a Business

Listing ID: 15574 Last Refreshed: 07/05/2019 Total Views: 2249

Cocktail Bar & Restaurant Duxton Hill

Central Area

Asking Price: S$50,000
  • Premise Type N/A Premise Size 1100sqft
  • Monthly Rental S$11,000 Rental Desposit S$22,000
  • Revenue S$500K-1M Cash Flow S$10K - 20K
  • Gross Profit S$200K - 500K Net Profit S$50K - 100K
  • Stock S$10,000*** Liability N/A
  • Payable N/A Receivable N/A
  • FFE S$20,000*** Established 2017
  • Owner Role Full Time Staff 2
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Not inlcude in the selling price
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Reason For Sale

Owner relocating overseas.

Description

An exciting opportunity to takeover an existing business recently renovated and rebranded in trendy Duxton Hill. 


1100sqft of prime F&B space with a 7m bar counter, alfresco space and fully fitted kitchen with grease trap and exhaust. 


Business for sale as owner has been offered a job overseas so will be relocating soon. 


Asking $50k for quick sale. 

Business Operation

5pm to 11.59pm
Business Hour
Team are fully trained and operate with minimal supervision. All systems will be transferred and training provided.
Supporting and Training

Property Information

Rent
Premise Status
2+2 (landlines Nego)
Lease Term
Viewing recommended
Premises Details
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