Listing Id: 20513
Last Refreshed: 12/10/2020
Total Views: 899
(Expired)Established 3 Storey Cafe In Chinatown (Cbd Fringe), Excellent Branding And Customer Base, Low Rent!
Central AreaCoffee Shops and Cafes
Asking Price: S$220,000
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
N/A
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Premise Size
2500 sqft / 232 sqm
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Monthly Rental
S$9,500
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Rental Desposit
S$28,500***
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Revenue
N/A
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Part Time
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Staff
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
Owner unable to commit time and would like to focus on other main business.
Description
Due to personal reasons and time commitment, we are looking for suitable owners to take over our cafe.
Features:
- Strong presence on Social media.
- Focus on high quality speciality coffee/tea.
- Well known in the area for good coffee / tea / breakfast / pastries in chinatown. (Work/Residents/Tourist)
- $28,500 with landlord included in sale.
- $20-30k cashflow
- Min $100k Equipment value (After depreciation) - Includes top of the line equipment with good resale value: Victoria Arduino White Eagle, Mythos one grinder, 6 Tray Rational Combi Oven, Portable Exhaust Unit Etc..
- Very well done renovation.
- Branding done by professional brand agency along with eCommerce website.
- Great hardworking staff with reliable store manager.
- Profitable (We are breaking even now, even without tourist and work crowd)
Looking for:
Hands-on owners who are passionate about quality and coffee.
Larger F&B corporations intending to enter the speciality market. month
Singapore