Singapore

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Listing ID: 17829 Last Refreshed: 18/03/2020 Total Views: 832

Well Established Fully Equipped Cafe & Bistro For Sale

Marine Parade

Asking Price: S$200,000
Well Established Fully Equipped Cafe & Bistro For Sale
  • Premise Type Commercial Street Premise Size 1800sqft
  • Monthly Rental S$8,000 Rental Desposit S$16,000
  • Revenue S$50K - 100K Cash Flow N/A
  • Gross Profit N/A Net Profit S$10K - 20K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2017
  • Owner Role Full Time Staff 5
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
H&S Business Broker H&S
Email Owner

Reason For Sale

Family commitment

Description

ABOUT

This is a well-established bistro with great operating hours, a full kitchen, seating for up to 80 people and only take 4-6 people to run the entire operation. This establishment is known for its quality food Western cuisines, serving a wide selection of palatable dishes which were prepared using the high quality and freshest ingredients that guaranteed to satisfy and delight customer taste buds.

LOCATION
It is located
near Joo Chiat Road. There are also public parking spaces just at the footstep of the bistro.

 

SIZE & EQUIPMENT
It has an approximate 1800 square foot space and a commercial kitchen includes deep fryers, a flat top, a grill, a convection oven, all under the hood. The kitchen also has a prep area, a dish area, reach in coolers and a prep table. The front of the entrance has a service counter, a cashier POS system, a beverage cooler and a coffee machine.

 

RECOGNITION
Founded in the year 2018, this establishment has been featured on The Straits Times Tripadvisor, Hungrygowhere, Quandoo, Burpple, The Ordinary Patrons, GoodFoodEveryday, Openrice and many more. Customers can also order their food delivery from Food Panda and it has achieved a 4.5* review rating on the platform.

OPERATIONS
The interior décor of this restaurant for sale is tastefully done with Scandi-industrial concept. The operating hours is 10AM to 11PM, open daily.  

THE OWNER
The current owner is letting go due to family commitment but willing to train a buyer to make for a smooth transition.

 

The Business Sales Includes

·        Class 1A & 3B license

·        Include recipe and menu

·        Include the branding

·        All kitchen equipment included in sales

·        Nicely renovated. Fixture and furniture included in sale

·        Inventories worth estimated $10,000 included in sale

·        Supplier list will be provided

·        Welcome first-time entrepreneurs, the owner is willing to support and transfer knowledge and recipe.

 

Key Information (For reference only)

·        Annual Revenue: $300,000

·        Gross Profit: $200,000

·        Director Remuneration: $28,000

·        Profit Before Tax: On Request

·        Monthly Rent: $8,000

·        Number of Full Time Employees: 4



H&S Business Broker

Call & Text: 9753 4609

Email: info@hnsbusiness.com


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