Singapore  Singapore

Sell a Business

Listing ID: 332 Last Refreshed: 07/05/2019 Total Views: 14831

Popular Bar along Mohammed Sultan Road for immediate takeover.

Central Area

Asking Price: S$100K - 200K
Popular Bar along Mohammed Sultan Road for immediate takeover.
  • Premise Type N/A Premise Size N/A
  • Monthly Rental S$17,350 Rental Desposit N/A
  • Revenue S$50K - 100K Cash Flow S$20K - 50K
  • Gross Profit S$20K - 50K Net Profit S$20K - 50K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2013
  • Owner Role Full Time Staff 3
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
Email Owner

Reason For Sale

Withdrawal of a shareholder


Popular Bar along Mohammed Sultan
Road for immediate takeover.

About the location:

Strategically located along Mohammed
Sultan Road, an upmarket entertainment district. High
human traffic. Proximity to residential area, shopping malls, offices, hotels. Famous
landmarks includes Singapore river, Clarke Quay. Walking distance to MRT stations, ample parking space.

About the Business:

A vibrant bar with a unique concept. Was featured in the
media. New renovation done in May 2013. Furnishing and fittings are all bought
brand new in May. Good pool of regular customers. High turnover with accounts
kept properly. The last unit allowed by the authority for bar business.
Business is still in operation.

Floor space: 2400 sq feet

Monthly rental: $17350 (Lease till
2015 with option to extend) 

Liquor Licence till 3am daily

Public Entertainment Licence
(category 2) till 3am daily

Fully equipped kitchen

Fully built bar

5 x 50" LED TVs

Full sound system

Reason for selling: Withdrawal of
a shareholder

Only for serious prospects who have managed or are
interested to continue a profitable business. Take over fee negotiable for sincere prospects.

Property Information

Premise Status
Email Owner
Your Name*
Mobile Number*

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