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Artisanal Gelato & Dessert Cafe For Sale (Singapore city, Singapore) Asking Price:$200000

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Artisanal Gelato & Dessert Cafe For Sale


Revenue $160000, Cash Flow $20000, Established 2

Specialised in artisanal gelatos and plated desserts, located in central & good location - Tg Pagar. Sale of coffee and tea too. Owner is looking for takeover due to other business commitments. 

 

Business has been in operation for 1.5 years and have gained a good database of regular customers. Good visibility, right in front of bus stop and in the stretch of korean restaurants and bars. Located within 5 mins walk from Tanjong Pagar MRT station. Serviced apartments, hotels and high levels office building in progress. Lease ending in June 2017, with availability of renewal and negotiation of rental fees.

 

Shop equipments and renovation has been fully paid. Shop size 800 sqft. Price is all-in inclusive, with recipes and training provided. Kindly whatsapp owner at 9829-4015 for more details.

 

Current seating : 30 pax. Potential to increase seating capacity. Targetting dine in, deliveries and takeaways, office crowd, hangout night crowds and residential areas. Potential to increase menu for cafe brunch and dinner. High gross profit margin.

Business Information

Number of Staff

Ownership

Any Expansion potential

Potential to increase seating capacity and convert to full cafe menu. Profits potential to double/ t

Reasons for selling

Owner have other business commitments

Any Inventory / Stock value

Yes

Is this a home-based business

No

Property

Rent

Telephone

Business Location details

Good visibility, located behind the bus stop. Within 5 mins walking distance from Tanjong Pagar MRT station. Along a stretch of korean cuisines and bars.

Competition / Market

Trading hours

12 noon to 11pm daily

Any Support & training

Yes

Any Furniture / Fixtures

Yes

Any Living Accommodation

No

Can this business be relocated?

Yes

Is this business part of a franchise?

No