Listing Id: 1857
Total Views: 13296
(Sold) Profitable, +5 Years Established Cafe Bar For Sale @Rochor
Central Area
Date Closed: 07/09/2015
Asking Price: S$85,000
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
-
Monthly Rental
S$10,000
-
Rental Desposit
S$21,000
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Revenue
S$50,000
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Liability
N/A
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Gross Profit
S$10K - 20K
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Net Profit
S$5K - 10K
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Stock
S$1,000***
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FFE
S$20,000***
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Payable
N/A
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Receivable
N/A
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Owner Role
Part Time
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Staff
1
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Established
2010
-
Source
Broker
Reason For Sale
Realignment
Description
A long established (5 years), profitable cafe and beer house for sale, selling at approx. 1.2 years ROI.
Reasonably priced with monthly revenue about $50,000, seeing a nett profit of $8,000/monthly. A year's nett profit is $96,000 thereabouts.
High foot traffic; good location and longevity.
Relatively passive, self-running. Owner travels frequently back to his homeland for other business investments, therefore wishes to sell as he lacks time to oversee current business operations.
Business Operation
12 pm - 12 am
Business Hour
Yes, 3-4 weeks
Support and Training
Singapore