Listing Id: 2582
Total Views: 10182
(Sold) Restaurant Available For Sale (Urgent - Op. Broke Even)Owner Moving Out Of Sg
Central Area
Date Closed: 11/10/2016
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
N/A
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Rental Desposit
S$33,000***
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Revenue
S$20K - 50K
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Liability
S$0
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Gross Profit
Under S$5K
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Net Profit
Under S$5K
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Stock
N/A
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FFE
S$40,000***
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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
2
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Established
2015
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Source
Direct Seller
Reason For Sale
Owner moving out of Singapore - Need to make a decision in a week
Description
Food & Beverage outlet located on circular road.
•Location: Circular road, Singapore
•Months in operation: 8 months
•Time left on lease: 1 year 3 months (extendable for additional 2 years)
•Monthly Revenue: SGD 25k – 35k
•Size of Shop: 720 Sq ft
•Capacity: 25+ seating indoors, additional 12+ seating outside; Additional 15+ seating added on Fridays/Saturdays due to seating added on main road
•Client Base: •Strong loyalty platform •Growing client base across locals, expats and Indians
•Social Media/Marketing •700+ followers on facebook (95% are actual customers based out of Singapore) Excellent reviews on all social media platforms – Facebook, Burrple, hungrygowhere, food bloggers •Strong/active presence on Instagram, twitter
Business Operation
12 pm to 2 am
Business Hour
Property Information
1.3 years left on lease
Lease Term
Singapore