United States

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Listing Id: 14192 Last Refreshed: 07/05/2019 Total Views: 8272

(Expired)Well Established Salad Bar For Sale

Central AreaCoffee Shops and CafesTake Aways
Asking Price: S$350,000
  • Premise Type N/A Premise Size
  • Monthly Rental S$5,000 Rental Desposit N/A
  • Revenue S$20K - 50K Liability N/A
  • Gross Profit S$5K - 10K Net Profit Under S$5K
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff 5
  • Established 2009 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
Sandra Leonardi

Reason For Sale

Reason for selling moving overseas for business opportunities

Description

You will be taking over 2 outlets with lease ending in 2020.
You may keep the existing staff and you will be taught the running of daily operations.

You will enjoy existing regular customers as well as building more new customer base in the new outlet near raffles quay.

All the staff is well trained and experienced.

Low Risk compared to starting a new brand.

Let's compare starting a new shop VS buying my existing business;

A) Setup cost per outlet if you start a New shop cost average $120k to $150k. Much efforts in marketing are required to get new customers. Breakeven may take 6 months and above which require additional cost.

B) If you franchise a brand with similar operations, franchise fee cost to $150k to $200K excluding rental and renovations. Which may cost another $15k to $30k and $50k to 60k respectively. And another $20k for equipments.
Total cost can be mininum $215k to $290k setup plus ongoing royalties payment.

By buying my business, you don't have to handle;
Renovation hassle
Supplier hassle
training new staff
buying equipments
Advantages;
You get existing regular customers
trained staff
you can use existing menu or create new ones.
establish brand since 2009.
good online reviews.
strategic locations

Business Operation

10.30am to 8pm
Business Hour

Property Information

Rent
Premise Status
2 years
Lease Term
/

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