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Listing Id: 268 Total Views: 18287

(Sold) Bakery Shop

Clementi

Date Closed: 10/12/2013

Asking Price: S$6,000
  • Premise Type N/A Premise Size
  • Monthly Rental S$3,000 Rental Desposit S$6,000***
  • Revenue S$5K - 10K Liability N/A
  • Gross Profit Under S$5K Net Profit Under S$5K
  • Stock S$3,500*** FFE S$25,000***
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff 0
  • Established 2013 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Inlcude in the selling price

Reason For Sale

Not making money due to inexperience

Description

Started in 2013 May with ongoing lease (2years). We started this bakery shop with little experience, however, we profited only the first month. Every equipment bought was brand new which includes a 2-tier commercial oven + bread humisifier, 1 freezer, 1 chiller, 1 waffle machine, 1 mixer, display & retail cabinets.

Buy-out price includes all equipment & reno and the business.

NEA license is already given, details can be discused further.

Only buyers who are familiar with the bakery trade should take up.
1) Address: Blk 432 Clementi Ave 3 #01-282
2) Honest fact: We did only $200-$400 daily sales, not profitable but only enough to pay own salary
3) Direct tenancy agreement to landlord, we do not sublet
4) $6000 take over fee, includes everything except staff. Non-nego
5) $3000/month rental

Business Operation

7am to 9pm
Business Hour
1 months
Support and Training
Only buyers who are familiar with the bakery trade should take up.
Background & Skills

Property Information

Rent
Premise Status

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