Profitable Cafe In CBD For Sale
Posted August 27, 2018 at 4:05 pm by rickycheong78

***Profitable Cafe In CBD For Sale***

I’m currently an agent marketing for a profitable cafe in town area looking for takeover at $600,000 negotiable.

Owner is intending to let go due to family commitments i.e. wife giving birth, and is unable to continue the back office management duties of the shop. The cafe can run on its own when it comes to the day-to-day operations and service, but is still dependant on the current owner’s involvement when it comes to accounting, marketing, and HR.
Interested buyers, rest assured that you’re taking over a brand that is good, strong, and well-received. Most importantly, the cafe is well-patronised and profitable.
Moreover, you don’t need to reinvent the wheel or make any big overhaul/change to the business and will be able to keep things status quo.
Good pointers:
  • 3 years old cafe with 3 more years left on the tenancy
  • Rental for the next 3 years has already been discussed and finalised in contract
  • Landlord is very reasonable and understanding
  • Good location with good traffic and footfall
  • Very affordable rental in comparison to other units around the same vicinity
  • 7-day operations
  • Cafe’s food and drinks is consistent and well-received by public and media
  • Very, very good reviews
  • Turnkey operations
  • Stable staffing
    • Cafe has a team of committed staff who are competent to run the day-to-day operations
  • Strong social media presence with a very high amount of goodwill from the owner building up the brand over the years through food consistency, innovation, and marketing/PR
Only looking for sincere and serious buyers who will takeover the cafe and continue utilising the brand name and bring it further in time-to-come.
Interested parties please email [email protected] to arrange for viewing and offer.
Thank you.

Details

Total Revenue
980000
Gross Profit
461000
Net Profit
115000
Company Establish Year
2016
Ownership
Full-Time
Total no. of Employees
5
Reason for Letting Go
Domestic Issues - Wife Giving Birth
Physical Location Status
Rental
Rental Cost
7500
Rental Down Payment
22500
Terms for Lease
3+3 (capped at 10%)
Relocate Business
Possible
Home-Based
N/A
Facilities and Equipment
Estimated about $150,000
Competition Level
Moderate
Potential for Expansion
Yes
Seller Funding Available
N/A
Country
Singapore