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Listing Id: 21253 Last Refreshed: 09/01/2021 1219 Views

Established 3 Storey Cafe In Chinatown (Cbd Fringe), Excellent Branding And Customer Base, Low Rent!

Expired
Asking Price S$220,000
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$9,500

Business Operations & Assets

Owner Role
Full Time
Premise Status
Rent
Premise Size
2500 sqft / 232 sqm
Rental Deposit
S$28,500 Price Included

Business Details

Reason For Sale

Owner unable to commit time and would like to focus on other main business.

Description

Due to personal reasons and time commitment, we are looking for suitable owners to take over our cafe.


Features:

- Strong presence on Social media.

- Focus on high quality speciality coffee/tea.

- Well known in the area for good coffee / tea / breakfast / pastries in chinatown. (Work/Residents/Tourist)

- $28,500 with landlord included in sale.

-
Min $100k Equipment value (After depreciation) - Includes top of the
line equipment with good resale value: Victoria Arduino White Eagle,
Mythos one grinder, 6 Tray Rational Combi Oven, Portable Exhaust Unit
Etc..

- Very well done renovation.

- Branding done by professional brand agency along with eCommerce website.

- Great hardworking staff with reliable store manager.

- Profitable (We are breaking even now, even without tourist and work crowd)


Looking for:

Hands-on owners who are passionate about quality and coffee.

Larger F&B corporations intending to enter the speciality coffee market.

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