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Listing Id: 17412 Total Views: 2844

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

Central Area

Date Closed: 02/12/2019

Asking Price: S$80,000
  • Premise Type N/A Premise Size
  • Monthly Rental S$5,000 Rental Desposit S$10,000
  • Revenue S$20K - 50K Liability N/A
  • Gross Profit S$20K - 50K Net Profit S$10K - 20K
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Part Time Staff 2
  • Established 2017 Source Broker
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

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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