Listing Id: 13261
Last Refreshed: 07/05/2019
Total Views: 13891
(Expired)Fully Equipped Restaurant In Suburban Mall For Takeover
YishunFast Food Restaurants
Asking Price: S$80,000
Business For Takeover
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- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
S$11,000
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Rental Desposit
S$33,000***
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Revenue
S$200K - 500K
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Liability
N/A
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Gross Profit
S$100K - 200K
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Net Profit
S$50K - 100K
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Stock
N/A
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FFE
S$100,000***
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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
N/A
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Established
2016
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Source
Direct Seller
Reason For Sale
Operator returning back to home country.
Description
- Surrounded by new BTOs and ECs and 3 private condos that are within walking distance.
- Mostly young executives with spending power.
- Dual entrance and can be operated 24 hour.
- Suitable for cafe, restaurant or coffee house.
- Minimal set up cost as the place is fully equipped.
- Takeover fees applies.
Business Operation
Depending on the concept, competition can be minimal.
Competition
Most shopping malls do not allow new F&B operators to enter the mall, unless you have a proven track record. If you are new to F&B scene, this is an excellent opportunity for you to use this as a stepping stone to operate in a shopping mall before embarking on expansion into other malls.
Expansion Potential
Experience in café/restaurant or coffee house operation.
Background & Skills
Property Information
Dual frontage, high visibility.
Premises Details
United States