Listing Id: 5246
Total Views: 11599
(Sold) Established Cafe In Upper Thomson Cafe Belt For Sale
Bishan
Date Closed: 16/03/2018
Asking Price: Under S$50K
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
-
Monthly Rental
S$4,000
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Rental Desposit
S$7,500
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Revenue
S$275,000
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Liability
S$0
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Gross Profit
N/A
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Net Profit
N/A
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Stock
S$0
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FFE
S$30,000***
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Payable
S$0
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Receivable
S$0
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Owner Role
Investor
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Staff
2
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Established
2015
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Source
Direct Seller
Reason For Sale
Managing Business Partner will relocate to another country
Description
Location
UPPER THOMSON ROAD
The cafe was established in 2015 by a few investors, as our managing partner has recently migrated, it is very difficult for the remaining investors to operate the place given all of us have other commitments.
The property is leased till Aug 2019 at a relatively low rate for ~900sqf cafe.
Sales for 2016 was > SGD270K
The takeover fee is negotiable depending if you are keen to take over the coffee equipments
For inquiries, please contact 81816916
Business Operation
Chillers, Oven, Ice Makers, POS, Coffee Machine ( Subjective ) , Furnitures, Scandinavian Reno
Facilities
Other Established Café in the area
Competition
Yes, seller financing is available.
Financing is negotiable
Seller Financing
Singapore