us United States

Listing ID: 14966
Total Viewed: 5054
Last Refreshed: 20/02/2019

2 Established Cafes Selling Local Coffee/Tea With Local Food For Sale

Pasir Ris, Singapore

Asking Price : S$360

Revenue: S$500K-1M

Cash Flow: S$20K-50K

Payable: Not Disclosed

Established: 2005

Gross Profit: SGD50K - 100K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Part Time

Net Profit: SGD10K - 20K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 6

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

***NOT included in asking price

Reason To Sell
Personal reasons
Business Description

Due to other business committments, owners are sad to sell off one long etabllished local cafe in the east and a newer establised cafe in the west side of Singpapore.  Both cafes have loyal and good staff so owners don't need to be present.


Both cafes work on  5 day work week model. 


Why buy a franchise with no guarantee of success when you can for the same price buy a cafe that has guaranteed profit from the day you take over ? Furthermore, if you are enterprising and motivated you can grow the business further by considering food deliveries and catering for business meetings. In addition, this is a business that can be franchised.


With lots more room for growth this F&B business is a rare find and suitable for people who are passionate about the F&B industry especially in the art of making local coffee and tea and selling of local cuisine. 


The sale includes everything you see at the cafes and we also recently extended the lease for our cafe in the east where we have been for the last 10 years, for another 3 more years.


Our asking price for both cafes is $360K negotiable. 


If you are keen to explore this business do call us for an informal chat !

Business Operations
Business Hour:
7.30am to 5.30pm Monday to Friday
Preferred Skills:
Someone with F&B experience would be advantageous but not required
Supporting and Training:
Self running but owner prepared to give a one month's training to buyer without experience
Staff:
6 Local
Property Information
Premise Status:
Rent
Premise Size:
1400sqft
Rental Fee:
SGD9,000
Rental Deposit:
SGD28,000 (NOT included in selling price)
Lease Term:
3 years
Relocatable:
Yes, it can relocate to other place
Other Information
Facilities:
Good size cafe of 1,200-1,400 sq ft with sitting for up to 80 customers
Competition:
No nearby competition
Expansion Potential:
Can franchise this business

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.

Join Premium Buyer Now to Find More About The Business
Premium Buyer can view additional information on the business, including
  • Date business posted, and last updated
  • Total enquiries this business has had, and when last enquiry sent
  • Get the contact information for the business (if available)
Contact Seller
Your Name:
Your email
Your phone

Contact Seller
Your Name:
Your email
Your phone



Just a moment... we are sending the message now