uae United Arab Emirates

Listing ID: 14606
Total Viewed: 1743
Last Refreshed: 05/11/2018

For Sale: (((Profitable Cafe In Cbd))) @ $400,000 Negotiable

Central Area, Singapore

Asking Price : S$400,000

Revenue: S$980,000

Cash Flow: S$30,000

Payable: Not Disclosed

Established: 2016

Gross Profit: SGD460,000

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD115,000

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 13

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

***NOT included in asking price

Reason To Sell
Family Commitments
Business Description

Dear Sir/Mdm,


I am an agent marketing a (((Profitable Cafe In CBD))) that's up for sale @ $400,000 negotiable.


The cafe is self-running and new owner(s) need not be involved in the day-to-day operations. Of course, if new owner(s) are keen on running the shop as well, you're more than welcome to do so.

Current owner will ensure handover/training is smooth and will facilitate the ease of transition.


Good pointers:

  • 3.5 years left on tenancy

  • Rental at $7,500/month only - ***cheapest in CBD***

  • 1200sf space

    • Suitable for first-time operators as area size is not too big

    • Not necessary to have too many staff-on-duty

  • 7-day operations (unlike other CBD units that only run 5-6 days)

  • Cafe's food and drinks is consistent and well-received by public and media

    • Current owner will share more during the meetup sessions

  • Possible expansion opportunities for new owners

    • Current owner will share more during the meetup sessions

  • Very, very good reviews

  • Landlord is very reasonable and understanding

    • Tenancy is initially 3+3

    • Landlord has already agreed on the (+3) at the same rental with proof of communication

  • Good location with good traffic and footfall

  • Very affordable rental in comparison to other units around the same vicinity

  • Very good reviews

  • Turnkey operations

  • Stable staffing

    • Cafe has a team of committed staff who are competent to run the day-to-day operations

  • Strong social media presence with a very high amount of goodwill from the owner building up the brand over the years through food consistency, innovation, and marketing/PR


Only looking for sincere and serious buyers.


Interested parties please write in to emailpaulwong@yahoo.com arrange for viewing and offer.

Thank you.


Business Operations
Business Hour:
9am to 9pm
Preferred Skills:
N/A
Supporting and Training:
Handover and training will be provided
Staff:
2 Local, 4 Foreigners, 7 Part Time
Property Information
Premise Status:
Rent
Premise Size:
1200sqft
Rental Fee:
SGD7,500
Rental Deposit:
SGD22,500 (NOT included in selling price)
Lease Term:
3+3
Premises Detai:
Rental for the next 3 years has already been discussed and finalised in contract Landlord is very reasonable and understanding Good location with good traffic and footfall Very affordable rental in comparison to other units around the same vicinity 7-day operations
Other Information
Facilities:
N/A
Competition:
N/A
Expansion Potential:
Yes - owner will share more with interested buyers.

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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