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Listing ID: 15259
Total Viewed: 4688
Last Refreshed: 27/02/2019

Cafe For Assignment & Premise Takeover - $30,000

Central Area, Singapore

Asking Price : S$30,000

Revenue: Not Disclosed

Cash Flow: S$25,000

Payable: Not Disclosed

Established: 2016

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 7

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

***NOT included in asking price

Reason To Sell
Owner moving into other industry
Business Description

I am currently marketing for a café in the CBD area for premise takeover and assignment of tenancy at $30,000. i.e. new owners will need to have their own company, brand, menu, staffing, etc.

***Photos are for reference only***

The unit is located within the bustling CBD district of Singapore with a good lunch/dinner crowd, as well as a strong night crowd if your business is offering the sale of alcohol.

At a rental of
$7,500 nett/month, this is the CHEAPEST rental that you can find within the CBD at $6.20psf. Surrounding and neighbouring units are all being leased at more than $9-$10psf - at an average rental of $12,000 to $18,000.


As with all businesses, it's important to keep the fixed overheads low - this will include ensuring that the rental is affordable. At the size that this unit is at, you also don't need too many staff to maintain and run the day-to-day operations. Hence, also keeping staff cost low.

 

Some information about the unit:

1200sf

Roughly about 50-seater

Rental at $7,500 nett (3 years tenancy balance)

Ample parking space around

7-day operations (unlike other units in CBD that run on 5-day)

Turnkey operations – new owners can start business immediately
Liquor licence needs to be applied by new owners

 

Current list of equipment includes:

5-tier combi oven

Convection oven

Commercial dishwasher

Ice machine

4-ring burner

Twin basket deep fryer

Standing chiller

Counter chiller x 3

Counter freezer

Customised cake display chiller

Sous-vide machine

Microwave ovens

Rice cooker

Chest freezers x 2

POS system

Aircon system x 5

CCTV & sound system

Industrial design renovation with customized furniture

Crockery, cutleries and utensils

This unit is suitable for first-time café operators due to its cosy size, and those who are looking to expand their business into the CBD area at low fixed monthly overheads.


Interested buyers please email into rickycheong78@gmail.com or Whatsapp me at 9379-5564 to view the premise and offer.

Thank you!

Business Operations
Business Hour:
9.30am to 9.30pm
Supporting and Training:
Provided by current owner (if required)
Staff:
1 Local, 2 Foreigners, 4 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
Premises Detai:
1200sf Roughly about 50-seater Rental at $7,500 nett Ample parking space around 7-day operations (unlike other units in CBD that run on 5-day) Turnkey operations – new owners can start business immediately
Other Information
Facilities:
N/A
Competition:
N/A

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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