Listing Id: 495
Total Views: 10436
(Sold) Roasted Delights Eatery For Takeover
Tampines
Date Closed: 07/04/2014
Asking Price: S$70,000
- 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$5,000
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Rental Desposit
S$15,000
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Revenue
S$20K - 50K
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Liability
N/A
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Gross Profit
S$10K - 20K
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Net Profit
N/A
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Stock
S$2,000
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Investor
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Staff
3
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Established
2012
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Source
Direct Seller
Reason For Sale
Both Owners wish to pursue other interest.
Description
Small Eatery for takeover. Spent over $70K on equipment, renovation, tables and chairs. Well established - shop has been in the same location for 4 years. "Auto pilot" with staff well trained in their respective areas. Seating capacity at 70. Full capacity every lunch. 5 mins walk from expo MRT station. Ground floor frontage.
Business Operation
8am to 7.30pm
Business Hour
Roasting and cooking equipment, Fridges, tables, chairs, POS system and renovations.
Facilities
Other F&B outlets in the vicinity.
Competition
More offices moving in the building and other buildings in the vicinity. 2nd Floor of the building (huge compound) to be rented out as office within the year. MRT line (downtown line 3) to be completed end 2016. It will improve the transport and exposure of the shop. Delivery business can be explored.
Expansion Potential
Will teach how to use the POS system and how to operate the shop.
Support and Training
some financial ability. some f&b knowledge.
Background & Skills
Property Information
Roasted Delights eatery with 70 pax seating capacity. small kitchen for roasting and preparing of food. small counter to make and sell bao, fruit juices, coffee, tea and can drinks.
Premises Details
Singapore