Singapore

Sell a Business

Listing ID: 21253 Last Refreshed: 09/01/2021 Total Views: 588

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

Central Area

Asking Price: S$220,000
Established 3 Storey Cafe In Chinatown (Cbd Fringe), Excellent Branding And Customer Base, Low Rent!
  • Premise Type N/A Premise Size 2500sqft
  • Monthly Rental S$9,500 Rental Desposit S$28,500***
  • Revenue N/A Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established N/A
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
Daryl
Email Owner

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.

Property Information

Rent
Premise Status
Email Owner
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