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Listing Id: 607 Last Refreshed: 07/05/2019 Total Views: 20337

(Expired)Extremely Profitable Restaurant & Bar For Sale!!!!!!! Owner Selling Only Due To Relocation

Central AreaCoffee Shops and Cafes
Asking Price: S$450,000
Business For Takeover
Look For Investor
Look For Partner
ej philip joshua

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$13,000
  • Rental Desposit S$390,000***
  • Revenue S$100K - 200K
  • Liability N/A
  • Gross Profit S$10K - 20K
  • Net Profit S$10K - 20K
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 3
  • Established 2012
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

relocation

Description

Located in the Heart of Singapore's iconic History.
Boat quay.
Size- 2400 ( 1200 per floor) excluding Outdoor seating ( 400sqft )
Takeover fees include;
-3 months deposit of 39k
-singtel,outdoor,credit card around 5k

-Restaurent & Bar runs on technology, Ipads to place orders, system to play music. All interlink.
system cost 65k
-Renovation for both floors cost $180k
- Special beer delivery system that cost $20k
- kitchen equitments cost 60K
- pos system cost $22k
-CCTV system Cost $9k
- Furniture cost $ 42k

Many other items to mention. Total value of about $500k

Restaurant & Bar makes an average of 80-90k revenue per month.
Pizza delivery is being set up and that will add another 30-40k revenue.

100% good investment
For details
nine wan seben fur wan too tree wan




Business Operation

yes
Support and Training

Property Information

Rent
Premise Status
Yes, it can relocate to other place
Relocatable
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