Listing Id: 4771
Total Views: 11012
(Sold) Well-Established And Renowned Franchise Coffee House Business For Sale
Central Area
Date Closed: 12/04/2018
Asking Price: S$100K - 200K
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
-
Monthly Rental
S$11,000
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Rental Desposit
N/A
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Revenue
S$200K - 500K
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Part Time
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Staff
2
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Established
2015
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Source
Broker
Reason For Sale
Owners have a full time job in other sectors, unable to cope with business.
Description
A famous and strong branding franchise coffee shop located at central area.
The shop not just serves famouse coffee, breakfast set, also some simple lunch eatings too.
The shop surrounded by the pleasant ambience and nearby few hotels.
They have tied up with a hotel to serve breakfast to the hotel guests on daily basis,
they have regular customers from office, school apart from those ad hoc walk-in.
Besides, they also tie up with a company for corporate advance orders and also provide meals for certain musical events.
Apart from regular cusotmers, target tourists attractive on weekends as well.
Physical outlet ranging from kiosks to 30 seaters, franchsor has central kitchen provide raw material to ensure freshness and fully supportive.
Business Operation
Fixed Assets all paid for and as is where is basis
Franchise License 50k + 28k paid off
Loyalty fee at 3%, no renew fee
Facilities
Yes, but the advantages they have:
1) process flow efficiently established, properly managed.
2) they have agreement with Hotel to provide their guests with Breakfast on daily basis
3) they have established a wide base of loyal customers
4) they have business connection with a Company to provide lunch to Corporate Companies.
5) they turned away the invitation to provide Breakfast as we do not have enough manpower to do so in early morning.
6) their trained staff and no hit-ups when new owner takes over the cafe
Competition
Yes. Other business opportunity.
Cafe is capable of investing in night business like casual dining with beer/wine, dart competition, cozy lounge etc
Expansion Potential
Property Information
Physical outlet ranging from kiosks to 30 seaters plus.
Premises Details
Yes, it can relocate to other place
Relocatable
Singapore