Singapore

Post Ad
Listing Id: 28422 Last Refreshed: 23/05/2023 Total Views: 793

Established Ice Cream Shop With Manufacturing Capability Looking For Takeover

Central AreaIce Cream Shops
Asking Price: S$180,000
  • Premise Type Commercial Street Premise Size 400 sqft / 37 sqm
  • Monthly Rental S$5,000 Rental Desposit N/A
  • Revenue N/A Liability N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff N/A
  • Established N/A Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
Terrence
Email Owner

Reason For Sale

Selling to pursue other opportunities

Description

[LOOKING FOR TAKEOVER]


Ice Cream Shop located within a shopping mall in town area 

Equipped with Carpigiani ice cream machine (top tier ice cream churning machine)

Currently, apart from shop's sales, the business also supplies to two other businesses/clients

Owners' intention has always been to set up the business and sell it off -- because this is the owners' side hustle


COGS of ice cream is approx. 20% of the selling price 

SOPs all ready 

Currently operational 

Rental is approximately $5K 


Interested parties to sign NDA 

Owners selective about partners who takeover

Requires full-time commitment to run the business on both B2C and B2B aspects 


Good for first-timers who would like to set up a dessert shop without knowledge

All SOP, recipe etc. provided


- Renovation > $100K

- Lease term 3 years (balance 2 years) 

- Takeover fee of $180K includes all equipment (>$30,000 even after taking into account of depreciation)

- Takeover fee also includes security deposit (approx $15K) held by the mall  


No low-ballers. Only sincere buyers

P&L will be shown only when buyer's profile is deemed fit by present owners 

Property Information

Rent
Premise Status
3
Lease Term
Email Owner
Please send enquiry in English
Your Name*
Mobile Number*
Email*
Message
/

Just a moment... we are processing the request