Listing ID: 16922 Last Refreshed: 03/09/2019 Total Views: 2598
PLEASE READ THROUGH BEFORE CONTACTING US.
The name of this Cafe is Rise & Grind Coffee (See www.riseandgrind.co for more details)
And we are selling away the Bukit Timah Plaza Branch here.
This place is very popular with family residents and students around the area.
Serving wide spread of food ranging from breakfast, brunch, burgers, pastas, main courses and desserts.
We are especially know for our brunch menu especially during weekends.
Well established cafe in the neighbour with many regulars and repeat customers.
Strong delivery business with GrabFood and FoodPanda.
We are selling this outlet WITHOUT our branding. (meaning any buyer needs to use his own branding name)
We are willing to share our recipe for all the food menu items we have to the new owner.
We have been operating in this premise for more than 5 years profitably. So, it's great for someone who wants to start their own cafe.
Complete renovation ready for take over c/w exhaust, La Marzocco coffee machine and coffee grinderand complete list of kitchen equipment in good condition. (Detailed Asset List can be provided for genuine buyer)
Fully fitted, furniture,etc. (Although some of the fittings and furniture is alreadty worn out and needs refittings)
Rental deposit not included in the selling price.
Reason for selling
We are re-strategizing our branding as a heartland cafe (with plans to open our new outlet in another HDB Heartland). This unit at Bukit TImah Plaza is also too small for the new menu offering we intend to offer, and the kitchen space is just too small.
Average Monthly Sales : $35,000 - $40,000
Average Monthly Net Profit: $4,000 - $8,000 (Before owner distribution)
Monthly Rent (including Service Charge) :- $4,781
Tenancy expiring in Jan 2020 but landlord is opened for renewal. (Quite probably, we are confident to obtain the renewal at the same price or no more than 5% adjustment)
3 Kitchen Staff (1 Singaporean PR, 2 Malaysian)
2 Full Time Service Crew/Barrista (1 Dependent Pass with LOC, 1 on Employment Pass)
2 - 3 Part Time Students Service Crews
Our address can be found on our website (www.riseandgrind.co)
If you like what you see (after viewing), then we can arrange to discuss further.