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Listing Id: 32668 Total Views: 2397

(Sold) Late Night Gelato Ice Cream Cafe For Takeover (Hdb Shophouse)

Toa Payoh

Date Closed: 07/11/2024

Asking Price: Price On Request

Overview

  • Premise Type Neighbourhood
  • Premise Size 600 sqft / 56 sqm
  • Monthly Rental S$6,300
  • Rental Desposit S$11,600
  • Revenue S$26,000
  • 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 Part Time
  • Staff N/A
  • Established N/A
  • Source Direct Seller

Reason For Sale

Partnership commitment issues

Description

Gelato and Waffle late night cafe in Neighborhood area.
Current Menu: 18 Flavors Gelato, Waffle, Croffle, Finger Food, Coffee and other beverages.
Option for new owner to expand to include main dishes and wider range of beverages to increase sales.
Takeover Fee to be discussed.

Takeover includes:
All equipment, furniture and fittings, and inventory to continue immediately as it is.
Store Branding, Social Media, Google Maps reviews with high ratings.
Social Media can be managed by staff.
Experienced team of 10 Part-Time Staff (Local).
SOP and training for new business owners can be provided.

Business Operation

Untapped avenues for expansion:
- Extension of menu to include main dish, alcohol for late night crowd
- Online channels (Grab, FP, Deliveroo, own website for sales)
- Paid media marketing / mass marketing
- Targeted marketing campaigns (nearby offices, nearby schools)
- Events catering
- Franchising
Expansion Potential
F&B
Background & Skills

Property Information

Rent
Premise Status
2 years until Nov 2025
Lease Term
Shop located in central neighborhood area right opposite MRT.
Within walking distance to 2-3 reputable schools.
Located within walking distance to large industrial offices.
Same stretch of stalls with other F&Bs (Thai, Indian, Fast Food) that opens until late.
Floor area around 600sqft with 20+ indoor and 10+ outdoor seating capacity.
Rental S$6300, no GST required. Lease expires in Nov 2025, and can liaise with landlord to extend.
Premises Details

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