Listing Id: 3407
Total Views: 7628
(Sold) Crowded Mall F&B Food Shop Snack Bar Business For Sell/Takeover
Sengkang
Date Closed: 09/03/2017
Asking Price: S$63,000
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
S$21,000
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Rental Desposit
S$60,000***
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Revenue
S$20K - 50K
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Liability
N/A
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Gross Profit
S$10K - 20K
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Net Profit
S$5K - 10K
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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
Full Time
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Staff
2
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Established
2016
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Source
Broker
Reason For Sale
Business seller is too tired to continue
Description
㊣ Super crowded Mall with Almagation to LRT/MRT/ Bus Terminal Traffic
㊣ Strong Residential Crowd with furture potential as more EC's, Condominium and Hospital building up
㊣ Size of premise: 1174 sqft
㊣ Rental: $21,000 + GTO 1%
㊣ Seating Capacity: 80+
㊣ Renovation Setup Fee: $250,000
㊣ Currently Business: 3 months old
㊣ Franchising Fee & Yearly Maintenance: $20,000 + $2,000 (yearly)
㊣ Competition: None with availability for seating capacity type
㊣ Great Exposure and Unique Superb Location
㊣ Rare Opportunity. Must Grab for low rent and strong potential growth
㊣ Please Call Stephen @ 9.1.8.0.2.8.1.6 for discussion if interested
Business Operation
Chairs, Tables, Fridge, Designed and Tailored Counter Top, Flooring and Side Fence.
Facilities
All other competitors in the Mall are Takeaways. Only this with seating capacity. Buyers may add new food menu too
Competition
Strong potential as current owner hasn't reach out with full marketing positioning.
Expansion Potential
Seller would provide both training and advisory to new business owner
Support and Training
Must have passion in the business
Background & Skills
Property Information
Seating Capacity of 80+.
Premises Details
Yes, it can relocate to other place
Relocatable
Singapore