Singapore

Sell a Business

Listing ID: 17412 Last Refreshed: 02/12/2019 Total Views: 631

Profitable Well-Known Cafe Bar - Class 1A & 3B License

Central Area

Asking Price: S$80,000
Profitable Well-Known Cafe Bar - Class 1A & 3B License
  • Premise Type N/A Premise Size 1000sqft
  • Monthly Rental S$5,000 Rental Desposit S$10,000
  • Revenue S$20K - 50K Cash Flow N/A
  • Gross Profit S$20K - 50K Net Profit S$10K - 20K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2017
  • Owner Role Part Time Staff 2
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
H&S Business Broker H&S

Reason For Sale

Personal health issues

Description

This is an easy to operate café & bar for sale that has great operating hours, a full kitchen, seating for up to 50 people and only take 2-3 people to run the entire operation. This establishment is known for its quality food and wide variety of beer. The menu includes finger food, salads, steak, pizza, craft beer, premium beer, beer on tap, wine, spirits, coffee & tea and soft drinks.

It is located in the floor level of a mixed development located at Tai Thong Crescent that successfully integrates both residential and commercial units into a single entity. It is surrounded by office buildings, apartments, and close to the Ministry of Manpower Services Centre. There is a parking facility within the building as well as along the street, so parking and access shouldn't be a problem.  It is also Minutes Walk to Potong Pasir MRT station.

It has an approximate 1000 square foot space and a full open concept commercial kitchen includes deep fryers, a flat top, a grill, a convection oven, all under the hood. The kitchen also has a prep area, a dish area, reach in coolers and a prep table. The front of the entrance has a service counter, a cashier POS system, a beverage cooler and a bar top sitting area. 


Founded in the year 2017, this establishment has been featured on Tripadvisor, Hungrygowhere, Chope, Eatigo, Singapore expats, My Fave, Shoppee, Mileslife and many more. Customers can also order their food delivery from Food Panda and it has achieved a 4* review rating on the platform.

The interior décor of this restaurant for sale is tastefully done with Scandi-industrial concept. Current ppening hours are 5pm - 12AM

The current owner is letting go due to personal health issues but willing to train a buyer to make for a smooth transition.

  • Class 1A & 3B license

  • Employees: 3

  • Include recipe and menu

  • Include the branding

  • All kitchen equipment included in sales

  • Nicely renovated. Fixture and furniture included in sale

  • Inventories worth estimated $20,000 included in sale

  • Supplier list will be provided

  • Welcome first-time entrepreneurs, the owner is willing to support and transfer knowledge and recipe.




H&S Business Broker

Call & Text: 9753 4609

Email: info@hnsbusiness.com



Property Information

Rent
Premise Status
2
Lease Term
Yes, it can relocate to other place
Relocatable

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