Listing ID: 14442
Total Viewed: 5673
Last Refreshed: 12/10/2018

***Profitable Cafe In Cbd*** For Sale @ $500,000 Negotiable

Central Area, Singapore

Asking Price : S$500,000

Revenue: S$980,000

Cash Flow: S$30,000

Payable: Not Disclosed

Established: 2016

Gross Profit: SGD460,000

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD114,000

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 12

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

***NOT included in asking price

Reason To Sell
Family Commitments - wife is pregnant
Business Description

I'm currently an agent marketing for a profitable cafe in town area looking for takeover at $500,000 negotiable.


Owner is intending to let go due to family commitments i.e. wife giving birth, and is unable to continue the back office management duties of the shop. The cafe can run on its own when it comes to the day-to-day operations and service, but is still dependant on the current owner's involvement when it comes to accounting, marketing, and HR.


Interested buyers, rest assured that you're taking over a brand that is good, strong, and well-received. Most importantly, the cafe is well-patronised and profitable.


Moreover, you don't need to reinvent the wheel or make any big overhaul/change to the business and will be able to keep things status quo.


Good pointers:

  • 3 years old cafe with 3 more years left on the tenancy

  • Rental for the next 3 years has already been discussed and finalised in contract

  • Landlord is very reasonable and understanding

  • Good location with good traffic and footfall

  • Very affordable rental in comparison to other units around the same vicinity

  • 7-day operations

  • Cafe's food and drinks is consistent and well-received by public and media

  • Very, very good reviews

  • Turnkey operations

  • Stable staffing

    • Cafe has a team of committed staff who are competent to run the day-to-day operations

  • Strong social media presence with a very high amount of goodwill from the owner building up the brand over the years through food consistency, innovation, and marketing/PR


Only looking for sincere and serious buyers who will takeover the cafe and continue utilising the brand name and bring it further in time-to-come.


Interested parties please Whatsapp to 9379-5564 or email juliankoh78@gmail.com to arrange for viewing and offer.


Thank you.


Business Operations
Business Hour:
9am to 10pm
Preferred Skills:
N/A
Supporting and Training:
Owner will provide 2 weeks training upon completion of sale. These 2 weeks will be a hands-on approach to running the business, as well as providing insight to new owners regarding future expansion opportunities and plans. Further to that, owner will still be reachable via mobile/Whatsapp after the training period - should new owners require.
Staff:
1 Local, 3 Foreigners, 8 Part Time
Property Information
Premise Status:
Rent
Premise Size:
1200sqft
Rental Fee:
SGD7,500
Rental Deposit:
SGD22,500 (NOT included in selling price)
Lease Term:
3 years more on lease.
Premises Detai:
The cafe unit is located within the bustling CBD with high footfall and easy accessibility by customers either by foot, by taxi, or even by train. All kitchen equipment still under 2 more years of warranty as owner has previously bought an extended warranty with the vendor. Shop is modern with industrial decor and comes with high-end equipments like a commercial 2-group coffee machine, combi ovens, imported (Italy) electric stoves, sous vide machines etc. No renovation is necessary.
Relocatable:
Yes, it can relocate to other place
Other Information
Facilities:
Commercial high-end 2-group coffee machine, coffee grinder, combi oven, sous vide machines, customised cake display chiller, customised furniture.
Competition:
N/A
Expansion Potential:
Business has massive potential for expansion into overseas markets. Should new owners be more conservative, they can also expand into kiosks in different parts of the CBD as the business concept allows for the food to be consumed easily and fuss-free. Owner is willing to share more about these expansion plans.
Supporting Documentation

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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