United States

Sell a Business

Listing ID: 4809 Last Refreshed: 26/05/2019 Total Views: 10797

Rare ! Profitable HDB Coffeeshop For Assignment ! Call 90670575

Geylang

Asking Price: S$1,200,000
  • Premise Type N/A Premise Size N/A
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue N/A Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established N/A
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Vincent Lim Bradford, Lim & Associates

Reason For Sale

owner is retiring

Description

Rarely available ! HDB Coffeeshop for Assignment (Takeover). HDB is the Landlord of the property.


Paya Lebar area (near to Mcpherson MRT) coffeeshop facing the main road, behind a bus stop. Good frontage and good location. 4 + 1 stalls.


HDB monthly rental only $4500 (Can't get this kind cheap rent from private landlords !!!)


Rental collections from the 4 foodstalls are $10,000/- monthly (this is old rental, market rate rental should be adjusted from $5k to $10k more)


Drinkstall's revenue monthly is more than $30,000/-.


Estimated net profit monthly $20,000 plus. Pls take note, the net profit is not maximised yet, easily $5k to $10k more per month.


Assignment fee $1.2 million


Interested parties pls call Vincent @ 90670575 now !!! Thanks !




Property Information

Rent
Premise Status

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