Singapore  Singapore

Sell a Business

Listing ID: 14386 Last Refreshed: 07/05/2019 Total Views: 8039

Western Cafe Business For Sale @ $1.8M

Central Area

Asking Price: S$1M - 5M
  • Premise Type N/A Premise Size N/A
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue N/A Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established N/A
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Peter Wan Dream Centre Business Brokerage Pte Ltd
Email Owner

Reason For Sale

owner has other commitments

Description

Established Western Cafe biz for sale 

💽 4 outlets :

1) 

📌 Kampong Bahru Road 

📌 Lease till nov 2019, option to renew another 2 years 

2)

📌 Prinsep Street 

📌 Lease until June 2021 

3)

📌 Near Raffles MRT station 

📌 Lease to be renewed. 

4)

📌 The Concourse Skyline 

#01-04/05 

📌 Lease until Nov’2020 

💽 Nett assets as of 2017 - $1,050,000 

💽 Yearly Revenue - $3,900,000 

💽 Nett profit before tax - $380,000 annually 

💽 Directors salary $260,000 annually 

💽 Audited nett assets 

$484,786

💽 Sale price non negotiable 

👉🏼 $1.8M for whole group (sellers fully exit)

👉🏼 $1M to buy 50% shares in the company, out of which $500,000 will be reinvested in the company. 

💽 Seller’s have offers to open in SGH and Changi Jewel. 

-substantial funding needed


Property Information

Rent
Premise Status
Email Owner
Your Name*
Mobile Number*
Email*
Message

Just a moment... we are processing the request