Singapore  Singapore

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Listing Id: 29638 Last Refreshed: 31/10/2023 Total Views: 1489

(Expired)Singapore’s First Taro Cafe For Takeover

Central AreaBakeriesCoffee Shops and Cafes
Asking Price: S$450,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type N/A
  • Premise Size 900 sqft / 84 sqm
  • Monthly Rental S$3,780
  • Rental Desposit S$7,000
  • Revenue S$35,000
  • Liability S$0
  • Gross Profit N/A
  • Net Profit S$8,000
  • Stock S$0
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Part Time
  • Staff 12
  • Established 2023
  • Source Direct Seller

Reason For Sale

Owner was a cabin crew before the pandemic and would like to return to flying

Description

Despite only being around for 3 years, we have grown exponentially and gained significant public interest. We are featured across many media platforms, such as Eatbook, Channel 8, 987FM, Kiss92FM, Mothership, Seth Lui, MustShareNews, Elle Magazine, LianHeZaoBao, Shinmin News & many more. We have over 10k followers on Instagram as well. We also have customers internationally, mainly from Hong Kong, Taiwan, Indonesia, Malaysia, Korea, Vietnam, China and USA who visit us when travelling in Singapore to buy back for their friends and family.

Our sales are currently in cafe, and also online sales for birthday cakes, weddings and corporate events. During CNY, our revenue is usually around 100k in a month and profits at around 60-70k in a month. We have had corporate order enquiry during CNY but unable to take on the order due to lack of manpower and space. If you are able to scale up, earnings will be potentially higher.

We also have no debt, and have never made losses in the 3 years of operation.
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