Singapore

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Listing Id: 13694 Last Refreshed: 07/05/2019 Total Views: 16922

PRICE REDUCED!!! Well Known Premium Bar For Sale

Central AreaPUBs
Asking Price: S$110,000
Business For Takeover
Look For Investor
Look For Partner
lim tant muee
Email Owner

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$0
  • Rental Desposit N/A
  • Revenue S$500K-1M
  • Liability N/A
  • Gross Profit S$100K - 200K
  • Net Profit S$50K - 100K
  • Stock S$15,000***
  • FFE S$200,000***
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 3
  • Established 2015
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Health issues

Description

- Well-known rooftop bar
- Located in Tiong Bahru area, near MRT, offices, and hotels
- Foodshop license, Liquor license, Public Entertainment license
- Fully equipped bar and kitchen
- 1700 sq ft indoor space
- newly renovated just over a year ago, furniture and equipment in good condition
- 2 toilets, ideal for high customer traffic
- ideal for private events, have frequent private events
- POS, CCTV, zoned audio system installed
- Takeover to include all existing inventory stock, equipment, and fixtures
- Rental lease till June 2019, up for renewal
- profitable business

Business Operation

5pm-1am
Business Hour
Newly renovated in July 2017. Newly replaced Kitchenwares and equipments.
Facilities
Not many competition near business. Only a few smaller bars around. The only rooftop bar in Tiong Bahru.
Competition
Can open branches if have capital.
Expansion Potential
2 Weeks
Support and Training

Property Information

Rent
Premise Status
pending negotiation
Lease Term
Hotel Rooftop
Premises Details
Yes, it can relocate to other place
Relocatable
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