Listing ID: 14870
Total Viewed: 11311
Last Refreshed: 26/03/2019

Café In City Hall/Bugis For Premise Takeover & Assignment - $120K

Central Area, Singapore

Asking Price : S$120,000

Revenue: Not Disclosed

Cash Flow: S$25,000

Payable: Not Disclosed

Established: 2016

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 13

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

***NOT included in asking price

Reason To Sell
Owner exiting industry
Business Description

I am currently marketing for a café in the City Hall/Bugis area for premise takeover and assignment of tenancy at $120,000. i.e. new owners will need to have their own company, brand, menu, staffing, etc.

***Photos are for reference only***

The unit is located within a bustling district of Singapore with a good lunch/dinner crowd, as well as a strong night crowd if your business is offering the sale of alcohol.

At a rental of 
$10,500 nett/month, it is only at $6.50psf rental. Very affordable if you're knowledgable about the commercial rental market.


Surrounding and neighbouring units are all being leased at more than $9-$10psf - at an average rental of $15,000 to $18,000.

 

Some information about the unit:

1600sf

Roughly about 80-seater

Rental at $10,500 nett (3 years tenancy balance)

Ample parking space around

7-day operations

Turnkey operations – new owners can start business immediately
Liquor licence needs to be applied by new owners

 

Current list of equipment includes:


  1. NV200 NEA-approved black van

  2. 150A 3-phase

  3. 2.5m kitchen exhaust (installation price @ $25,000)

  4. Synesso Hydra 3-group coffee machine (retail price @ $32,000)

  5. Mazzer KONY coffee bean grinder (retail price @ $2,000)

  6. 6-tier combi oven (retail price @ $12,800)

  7. 3-tier combi oven (retail price @ $4,800)

  8. Convection oven (retail price @ $1,200)

  9. Under-counter commercial dishwasher (retail price @ $4,800)

  10. Hood-type commercial dishwasher (retail price @ $6,800)

  11. Microwave ovens x 2

  12. Commercial rice cooker x 2

  13. Bain-marie x 2 (retail price @ $1,800 each)

  14. Char-griller

  15. Salamander

  16. Sous-vide machine

  17. Vacuum sealer for sous vide machine

  18. Hoshizaki 250kg ice machine (retail price @ $2,500)

  19. 6-ring gas burner

  20. Twin tank deep fryer

  21. 3 x chest freezers

  22. 4-door standing chiller x 2

  23. Counter chillers x 5

  24. Custom-made cake display chiller

  25. POS machine

  26. POS printer x 3

  27. Bose sound system

  28. CCTV system

  29. Ceiling-mounted stainless steel racks x 2

  30. 5-tier standing stainless steel racks x 2

  31. Staff lockers

  32. Cutleries & crockery

  33. NETS/POS paper rolls

  34. Furniture & fixtures


Interested buyers please email into rogergoh.wl@yahoo.com or Whatsapp me at 9379-5564 to view the premise and offer.

Thank you!


Business Operations
Business Hour:
9am to 10pm
Preferred Skills:
N/A
Supporting and Training:
Handover will be conducted by current owner to buyer(s)
Staff:
3 Local, 4 Foreigners, 6 Part Time
Property Information
Premise Status:
Rent
Premise Size:
1600sqft
Rental Fee:
SGD10,500
Rental Deposit:
SGD21,000 (NOT included in selling price)
Lease Term:
3 years

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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