Best AI-powered business marketplace

Post Ad
NEW New AI tools: Listing analysis reports are now available on each ad. | Advertisers can use AI to write better titles and descriptions.
Learn more →
Listing Id: 4809 Last Refreshed: 26/05/2019 18720 Views

Rare ! Profitable HDB Coffeeshop For Assignment ! Call 90670575

Closed
Asking Price <span class='currency'>S$</span>1,200,000
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

Overview

Financial Performance

Annual Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
Not Provided

Business Operations & Assets

Owner Role
Full Time
Premise Status
Rent

Business Details

Reason For Sale

owner is retiring

Description

Rarely available ! HDB Coffeeshop for Assignment (Takeover). HDB is the Landlord of the property.


Paya Lebar area (near to Mcpherson MRT) coffeeshop facing the main road, behind a bus stop. Good frontage and good location. 4 + 1 stalls.


HDB monthly rental only $4500 (Can't get this kind cheap rent from private landlords !!!)


Rental collections from the 4 foodstalls are $10,000/- monthly (this is old rental, market rate rental should be adjusted from $5k to $10k more)


Drinkstall's revenue monthly is more than $30,000/-.


Estimated net profit monthly $20,000 plus. Pls take note, the net profit is not maximised yet, easily $5k to $10k more per month.


Assignment fee $1.2 million


Interested parties pls call Vincent @ 90670575 now !!! Thanks !




Important Disclaimer

Listing information is provided by the listing provider or their representatives and has not been independently verified by our platform. Users should verify all information and conduct their own due diligence before making any decision, payment or commitment.

All communications, agreements, transactions, disputes and claims are solely between the relevant parties.

Learn how to avoid scams

Just a moment... we are processing the request