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Listing Id: 18402 Last Refreshed: 19/09/2020 Total Views: 4600

(Sold) Live Band, Bar & Restaurant In The Heart of CBD.

Central AreaKTVsPUBsSushi and Japanese Restaurants
Asking Price: S$78,888
  • Premise Type Commercial Street Premise Size
  • Monthly Rental S$12,896 Rental Desposit S$38,400
  • Revenue S$35,000 Liability S$0
  • Gross Profit N/A Net Profit N/A
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Investor Staff 3
  • Established 2017 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
DAVID

Reason For Sale

Personal reason and Partner Issue

Description

A Japanese Restaurant during noon time, a Live Band and Karaoke on certain nights in the evening that always attract the working crowd for a beer or two.

There is a unique platform stage where customer can be on stage on showcase their singing talent.Shop crowd puller.
Come with Food Shop, Liquor and Cat 1 Entertainment license which all be extend to 3am.
8 PA quota not used.

Equip with all necessary equipment etc Freezer, Chiller,sound system, POS system, kitchen with exhaust and grease trap for a immediate start. Central Aircon till 7pm.
Full Time Bar Manager,Chef and part timers can be retain to work under New Owner.
We are also permitted to open during CB and Phase 1 & 2 of Post CB.

There are more perks and incentives which will be explain later. Contact me at unleash.bar@outlook.sg
Pls note the rental deposit is not included in the selling price but price can be nego.



Business Operation

Toilet attached and sitting tables allowed to place outside of the shop with no extra ORA rental.
JSS eligible for July and Oct.
Pest control paid till next Feb 2021.
POS system is paid till Nov 2020.
At Ground Floor level facing main road.
Facilities

Property Information

Rent
Premise Status
End Nov 2022
Lease Term
A high foot walk area and a new commercial building ready for TOP directly opposite in 3rd Quarter of 2020.
Premises Details
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