Listing Id: 4036
Total Views: 9637
(Sold) Good Location Cafe For Sale! Good For New Entrant With No Experience~
Central Area
Date Closed: 13/04/2018
Asking Price: S$180,000
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
S$5,300
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Rental Desposit
S$20,000
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Revenue
N/A
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
S$35,000
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
N/A
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Established
2014
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Source
Direct Seller
Reason For Sale
Owner run 3 restaurant/ cafe, looking to offload one to concentrate on the others
Description
Cafe located in Central Area with competitive rental and premises have to go through multiple bids to secure.
Rare huge premises with indoor and outdoor space of approx 1,600 sqft.
Fully functional cafe/ restaurant with machinery worth 3-40k and renovation done at 30k+.
Above all include in final selling price
Average at least 3-4 corporate booking per month without much publicity
Non-Choosy client base
liquor license
** as a sweetner, owner a veteran restaurant/ cafe owner are agreeable to guide new owner for 1 month FOC. (to hire a business consultant will easily cost up to ten of thousands)
i.e how to run a cafe business/ where to get the cheapest supplier/ steps to get permits/ hiring do's and don't/ how to boost up social media presence and how to get publicity from media. Literally how to earn money from current competitive cafe business!
Good for entreprenuer with little or no experience in cafe business or exiting cafe business which would like to expand to central area with cheap takeover fees and low rental.
Expect new owner to rev up the marketing aspect of the business to do more corporate event and not for those who buying over for passive income
Business Operation
comes with existing F&B machinery etc. Machine are less than 2 years old and is a fully fitted renovation premises where new owner can move in the next day and start their business
Facilities
Property Information
indoor space of 667 sqft and outdoor space of 952 sqft
Premises Details
Singapore