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Listing ID: 15821 Last Refreshed: 12/06/2020 12516 Views

SOLD!!! Highly Profitable Restaurant & Bar In Great Location--Holland Village! (David: 91455466)

Asking Price <span class='currency'>S$</span>240,000

Overview

Financial Performance

Monthly Figures
Revenue
S$110,000
Gross Profit
Not Provided
Net Profit
S$11,646
Monthly Rentalt
S$30,000

Assets & Working Capital

Stock
S$6,000 Stock and inventory
FFE
S$50,000 Furniture, fixture & equipment

Operations & Ownership

Year of Incorporation
2017
Owner Role
Full Time

Property Information

Premise Status
Rent
Premise Type
Commercial Street
Rental Deposit
S$90,000

Operations & Growth

Reason For Sale

Owners Focusing on Other Businesses

Description

Why do business owners love me?

I will protect your investment in the business by placing the proper value on your business, finding the right buyer, getting you the best price possible, protecting the confidentiality of the sale, handling all negotiations, ensuring that all transactions are legal, and seeing that the transition to new ownership is as wrinkle-free as possible.

  1. Pre-screening buyers for you:I can weed out the so-called "shoppers" from the serious buyers. I will also ensure that news of the sale remains confidential, that loyal customers, staff, vendors and suppliers find out only when you're ready to let them know.

  2. Marketing your business well:I know how to price a business and can upsell the business's horn in a way you might not be able to.

  3. Negotiating:This is where I earn my keep. One of my key functions is to act as a cushion between the buyer and the seller and negotiate the details of the deal at a time when emotions can, and do, run high. And, get my client (owner) the best price possible!

  4. Assisting with paperwork: If needed, I will coordinate efforts between lawyers, CPAs, bankers, insurance agents and others to complete the transaction in a timely and professional manner.




Why do business buyers love me?

1.    Prescreening businesses for you.I will turn down many of the businesses either because the seller won't provide full financial                    disclosure or because the business is overpriced.

2.    Helping you pinpoint your interests.I will find out about your skills and interests, then help you select the right business for you. You            may discover that an industry you had never considered is the ideal one for you.

3.    Negotiating.This is when I really earn my keep. I help both parties stay focused on the ultimate goal and smooth over problems.                And, get my client (buyer) the best price possible!

4.    Assisting with paperwork.Simply put: whether you are a business seller or buyer, as your broker I will ALWAYS put your interests                first and get you the best price possible!



Call me: David 91455466


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