Singapore  Singapore

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Listing Id: 32893 Last Refreshed: 06/01/2025 Total Views: 770

Fully Fitted Small Food Kiosk To Takeover or Franchise

Central AreaAsian RestaurantsChinese RestaurantsSushi and Japanese Restaurants
Asking Price: S$80,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Office Building
  • Premise Size 398 sqft / 37 sqm
  • Monthly Rental S$11,400
  • Rental Desposit S$34,200
  • Revenue N/A
  • 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 6
  • Established 2022
  • Source Direct Seller

Reason For Sale

Moving out to new premise at Singapore and also to Malaysia. Owner cannot handle 2 shops in Singapore with Malaysia development.

Description

Looking for prospects to takeover this fully fitted Kiosk with small dining area. It is a CDB area with heavy office crowd.

Option 1: Fully takeover
-Takeover fee of $80,000 include the following: Novation fee, stamp duty fee, 3 months deposits, 1 month advanced rental + GST, 60% of kitchen equipment and fully fitted premise. Can start your own food business straight away after novation & takeover is done.

Option 2: Franchise current brand and takeover
-Takeover fee of $80,000 include the following: Novation fee, stamp duty fee, 3 months deposits, 1 month advanced rental + GST, 60% of kitchen equipment and fully fitted premise.
-Franchise fee (1 time payment $30,000) include training and setup, monthly checks and review on food quality, any other requests can be discussed.
-Royalty fee of 5% from revenue applies.

Contact me to discuss further. Only serious business owner or franchisee.

Business Operation

Takeover all Kitchen Equipments and Furniture & Fittings . Viewing upon request
Facilities
None.
Competition

Property Information

Rent
Premise Status
3
Lease Term
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