Listing Id: 1799
Total Views: 11688
(Sold) 3Yrs Old Central Cafe For Sale
Central Area
Date Closed: 11/04/2016
Asking Price: S$50K - 100K
- 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$9,000
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Rental Desposit
S$18,000
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Revenue
S$20K - 50K
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Liability
N/A
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Gross Profit
S$20K - 50K
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Net Profit
Under S$5K
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Stock
S$5,000***
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FFE
S$200,000***
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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
4
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Established
2012
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Source
Direct Seller
Reason For Sale
this is our non core business and we have no bandwidth to manage it anymore, looking to sell to focus more on our core business.
Description
Cafe is very well located in Singapore with 3yrs of existence and good reviews on all platforms (google, tripadvisor, yelp, etc) and well covered by local media.
Consumer crowd: families, students, expats, locals.
Strengths: very good coffee and unique items on menu, art theme, breakfast all day. Lots of space to host events (about 700sqft)
Business Operation
6 days a week however potential to open 7days per week
Business Hour
Fully equipped kitchen with professional hood + storage room shelves + chiller display stand for cakes + barrista coffee machine + drinks fridge + unique vintage furnitures + art painting equipment + outdoor terrace furnitures
Facilities
Competition from nearby mall however our theme is unique in the area
Competition
Outdoors area can be renovated to indoor area. Art area can easily be transformed in retail upselling business area or fully focussing on F&B.
Expansion Potential
Management is willing to accompany the new buyer over a period of 6months and share SOPs
Support and Training
Cafe is very well located in Singapore with 3yrs of existence and good reviews on all platforms (google, tripadvisor, yelp, etc) and well covered by local media.
Consumer crowd: families, students, expats, locals.
Strengths: very good coffee and unique items on menu, art theme, breakfast all day. Lots of space to host events (about 700sqft)
Background & Skills
Property Information
Charming Shop house with al fresco dining area, total space of 1700sqft. Kitchen fully fitted with baking capabilities, storage room.
Seated capacity : 50
Standing capacity : 90
Premises Details
Yes, it can relocate to other place
Relocatable
United States