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Listing Id: 17348 Last Refreshed: 18/10/2019 Total Views: 3290

Cafe In Prime CBD Location With High Footfall, Next To MRT

Central AreaCoffee Shops and CafesDessert Shops
Asking Price: S$60,000
Business For Takeover
Look For Investor
Look For Partner
Joan Lam
Email Owner

Overview

  • Premise Type Shopping Mall
  • Premise Size
  • Monthly Rental S$24,000
  • Rental Desposit N/A
  • Revenue S$50K - 100K
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Part Time
  • Staff N/A
  • Established N/A
  • Source Direct Seller

Reason For Sale

Owner has other commitments

Description

Designer reno, 2.5year old. Existing business is selling artisanal coffee with a small kitchen.
More than $200k reno and equipment including La Marzocco Strada, Merrychef, 3 coffee grinders, Ice Maker, 3 undercounter chillers, display chiller, 4 door Freezer, 2 door tall chiller. All equipment well maintained and in good working order.
Can sit more than 60 pax.
Owner looking to sell either entire business or takeover assets. Will provide advise and coaching if buyer is new business owner. HR and accounting systems all in place with very efficient processes.
Lease can be renegotiated concurrently with landlord.
4 full time staff who are experienced baristas, 2 of whom have been with cafe from day 1. Able to pass on skills to new owner.

Property Information

Rent
Premise Status
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