Posted January 15, 2018 at 10:11 pm by jidechi

$120k Fire Sale – Franchised Dessert Cafe @ Simei Eastpoint Mall

A local renowned dessert cafe at Simei Eastpoint Mall Level 1. Premium location with good frontage/traffic. Just next to the main entrance. Neighboring tenants include KOI, Starbucks, KFC and etc.

This 40-seater dessert cafe has been operational for 1 year by a franchisee and still has a licence to operate under the  landlord’s leasing agreement and brand owner’s franchise agreement for another 2 years (guaranteed renewal)

It is beautifully and tastefully renovated, and has an established presence in the local area. It is being put up for sale due to the current franchisee plans for relocation to another country.

$120k Fire Sale inclusive of below:

  1. Security Deposit : $34,998 (refundable upon lease end)
  2. Furniture, chillers, freezers and kitchenware: worth $50,000
  3. POS System x 1 ($8,000), iPad x 1 ($800), 3 tablets for food delivery services ($1,200)
  4. Renovation: worth $80,000
  5. Full training and operational assistance to new owners and marketing support from brand owner

Direct owner, no hidden cost, no agent fee

Whatsapp BH @ 9647 3611 for discussion. Viewing by appointment