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Listing ID: 13694 Last Refreshed: 07/05/2019 20141 Views

PRICE REDUCED!!! Well Known Premium Bar For Sale

Asking Price <span class='currency'>S$</span>110,000
Central Area PUBs Food and Beverage Businesses
Business For Takeover
1 / 5

Overview

Financial Performance

Annual Figures
Revenue
S$500K-1M
Gross Profit
S$100K - 200K
Net Profit
S$50K - 100K
Monthly Rentalt
S$0

Assets & Working Capital

Stock
S$15,000 Stock and inventory Price Included
FFE
S$200,000 Furniture, fixture & equipment Price Included

Operations & Ownership

Staff
3 Employee
Year of Incorporation
2015
Owner Role
Full Time

Property Information

Premise Status
Rent
Premises Details User-entered information
Hotel Rooftop

Operations & Growth

Information provided by the seller

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

Facilities

Newly renovated in July 2017. Newly replaced Kitchenwares and equipments.

Competition

Not many competition near business. Only a few smaller bars around. The only rooftop bar in Tiong Bahru.

Expansion Potential

Can open branches if have capital.

Buyer Support & Terms

Information provided by the seller

Support and Training

2 Weeks
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Seller Contact And Listing Statistics

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Contact Person Premium Only
Contact Number Premium Only
Email Address Premium Only
Total Enquiries Premium Only
Date Published Premium Only
Last Enquiry Premium Only
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AI Business Analysis

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Review the key strengths, financial considerations, risks and due diligence points identified from the listing.

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Business Highlights Key advantages and positive points identified from the listing.
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Potential Concerns Areas that may require clarification or further verification.
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Financial Assessment Review the available financial information and its limitations.
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Risk Assessment An indicative risk level based on the information disclosed.
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Questions to Ask Suggested questions to discuss with the business owner.
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Buyer Suitability The experience and background that may suit this opportunity.
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Due Diligence Items Important documents and information a buyer should independently verify.
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