Listing Id: 32668
Total Views: 2350
(Sold) Late Night Gelato Ice Cream Cafe For Takeover (Hdb Shophouse)
Toa Payoh
Date Closed: 07/11/2024
Asking Price: Price On Request
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
Neighbourhood
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Premise Size
600 sqft / 56 sqm
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Monthly Rental
S$6,300
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Rental Desposit
S$11,600
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Revenue
S$26,000
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Part Time
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Staff
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
Partnership commitment issues
Description
Gelato and Waffle late night cafe in Neighborhood area.
Current Menu: 18 Flavors Gelato, Waffle, Croffle, Finger Food, Coffee and other beverages.
Option for new owner to expand to include main dishes and wider range of beverages to increase sales.
Takeover Fee to be discussed.
Takeover includes:
All equipment, furniture and fittings, and inventory to continue immediately as it is.
Store Branding, Social Media, Google Maps reviews with high ratings.
Social Media can be managed by staff.
Experienced team of 10 Part-Time Staff (Local).
SOP and training for new business owners can be provided.
Business Operation
Untapped avenues for expansion:
- Extension of menu to include main dish, alcohol for late night crowd
- Online channels (Grab, FP, Deliveroo, own website for sales)
- Paid media marketing / mass marketing
- Targeted marketing campaigns (nearby offices, nearby schools)
- Events catering
- Franchising
Expansion Potential
Property Information
2 years until Nov 2025
Lease Term
Shop located in central neighborhood area right opposite MRT.
Within walking distance to 2-3 reputable schools.
Located within walking distance to large industrial offices.
Same stretch of stalls with other F&Bs (Thai, Indian, Fast Food) that opens until late.
Floor area around 600sqft with 20+ indoor and 10+ outdoor seating capacity.
Rental S$6300, no GST required. Lease expires in Nov 2025, and can liaise with landlord to extend.
Premises Details
Singapore