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Listing Id: 39816 Last Refreshed: 02/11/2025 Total Views: 301

Cafe Unit Under Geneo Office Building For Take Over Or Operating Partner

QueenstownCoffee Shops and Cafes
Asking Price: S$220,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Shopping Mall
  • Premise Size 1143 sqft / 106 sqm
  • Monthly Rental N/A
  • Rental Desposit S$28,000
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 4
  • Established 2025
  • Source Direct Seller

Reason For Sale

May need to move to another country

Description

Location: 1B Science Park Drive. Under the Geneo office building. We are the 1st unit next to office lobby, wide facade.
Unit size: 1,143 sqf
Rent: $9k/month (This rent is lower than market rate because I did a good job negotiating with the LL. This kind of prime location is not easy to get as well.)

The location is good for branding and the rent is very reasonable for this prime unit. It's the first unit in front of the office lobby.

Option 1 for sale: buyer will take the remaining 2.5 years lease. I will try my best to nego with the LL for a short extension to make it 3 years full lease. Buyer will convert the shop to it's own brand.
Option 2 for sublet / food operating partner: The unit can be shared by another partner who is able to operate the kitchen and serve more food menu. Suitable for pasta, pizza, or other Western food operators. Share rent & fit-out, no initial investment, operate independently, just sharing the unit and seating area. The partner will manage its own income & costs.

Business Operation

Full fit-out, Coffee Machine, Grinder, Oven x 2 units, Speedoven, Chiller, Freezer, Induction cooker x 2 units
Facilities

Property Information

Rent
Premise Status
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