Singapore  Singapore

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Listing Id: 1181 Total Views: 17921

(Sold) Profitable Dessert Store In Chinatown For Sale

Central Area

Date Closed: 01/12/2014

Asking Price: S$70,000

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$8,000
  • Rental Desposit N/A
  • Revenue S$20K - 50K
  • Liability N/A
  • Gross Profit S$10K - 20K
  • Net Profit S$5K - 10K
  • Stock S$20,000***
  • FFE S$20,000***
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 2
  • Established 2014
  • Source Broker
  • ***Inlcude in the selling price

Reason For Sale

Realignment / Original partners (nieces) no longer helping w business

Description

Fully renovated, profitable dessert store business for sale.

Located right in town, with good frontage and traffic. Sale comes with all renovations, fittings and kitchen equipment worth at least $40,000.

Owner initially is not in the F&B industry, but took a break to help his nephew/nieces to kick start this business. He now wishes to return back to the oil and gas line, but prefer to handover to someone who can carry on the business.

Training, recipes will all be provided with hand-holding.

ROI in less than a year.

Business Operation

3pm - 11pm
Business Hour
Yes, 3-4 weeks
Support and Training

Property Information

Rent
Premise Status
2 + 1
Lease Term
Yes, it can relocate to other place
Relocatable

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