Singapore

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Listing Id: 34644 Last Refreshed: 12/12/2024 Total Views: 507

Profitable Salad & Wrap Bars (2 Outlets) In Strategic Locations With Repeat Customers Up For Sale!!!

QueenstownTake AwaysWestern Restaurants
Asking Price: S$250,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner
Sankar
Email Owner

Overview

  • Premise Type Shopping Mall
  • Premise Size N/A
  • Monthly Rental S$8,000
  • Rental Desposit S$20,000***
  • Revenue S$25,000
  • Liability N/A
  • Gross Profit S$16,000
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Part Time
  • Staff 3
  • Established 2018
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Migrating Overseas (fulfill PR requirements)

Description

- Easy to plug and play model
- Solid cash flow business with no debts. Steady stream of customers through membership play
- Business processes optimised for minimal oversight from owner => Ease of expansion via franchise model or additional outlets
- 2 outlets registered as separate entities in strategic locations in the East (NUS) and West (Tampines). Options available to purchase one or both together
- Established in 2018 with good supplier relationships and good credit rating => easy to get loans from banks
- Very low rent and with good relationship with landlords => potential for renewal terms
- Mechanism in-place for having trustworthy/regular employees => 2 full-timers & 1-2 intern/part-timers

What is included in the price (business as-is):
- Ownership and control of 2 entities (Pte. Ltd)
- Full list of vendors, suppliers, contractors and their contact details
- Full set of supplies with the prices of ingredients
- Full set of recipes (food and dressings)
- Accounts with food delivery platforms (foodpanda and grab)
- Brand, logo, functional website, domain, social media handles (fb,instagram), solid google reviews
- Email accounts, google drives and working files
- Well maintained furniture and fittings (shelvings, kitchen tables, etc.)
- Well maintained machinery and equipment (POS systems, cash drawers, Display chillers, Display fridges, Freezers, Oil fryer, Ovens, vegetable slicer, Salad dryer, Handphones, display utensils, etc.)
- 2 bank accounts (DBS and OCBC)
- Hand Holding period of 1 month (negotiable)

Business Operation

- Well maintained furniture and fittings (shelvings, cupboards, kitchen tables, etc.)
- Well maintained machinery and equipment (POS systems, cash drawers, Display chillers, Display fridges, Freezers, Oil fryer, Ovens, vegetable slicer, Salad dryer, Handphones, display containers, tupperware, kitchen utensils etc.)
Facilities
Delivery platforms, Corporate Orders, Additional Marketing, Franchise, Additional Outlets
Expansion Potential
Full handover done over 1 month (negotiable for more) - -Operations, documents, financials, administrative, partner/vendor relationships etc.
Support and Training
Nil
Background & Skills

Property Information

Renewable 3 year lease ending Oct 2027
Lease Term
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