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Food Canteen

S$250,000

Enquiry

Call now for discussions

+65 6356 9138

Description

A profitable canteen in Upper Paya Lebar Road and 3 profitable stalls in 3 different coffeeshops in great locations (Hougang, Jalan Pemimpin and Ang Mo Kio) are up for sale. Serving delicious local-food menu, our total daily revenue is around $3300 and yearly revenue is S$1,000,000, with 15%-20% Net Profit.

Our central kitchen is at Upper Paya Lebar and the menu includes our famous fish soup and chicken rice. We have successfully engineered our soup to powder based for easy storage and transportation.

All employees and systems are in place; the new owner will receive full training and recipes to ensure smooth transition of ownership and management.

Call now! This is a rare opportunity!

Price

S$250,000, exclusive of rental deposit

Location

Central

Revenue

S$ 1 Million / Year

Net Profit

15%

Company Type

Sole Proprietorship

GST Registered

No

Years In Business

Since 2015

Why Did We Set Up

There is a great need for excellent local food

Owners Role

Managing and Cooking

Owners Background

Businessman

Our Achievement

Power soup and many regular clients

Our Customer

Long queue during meal times

Our Competitor

Many

Manager

1

Full-Time

7

Part-Time

2

Premise Size

100-150sf, Canteen and central kitchen about 2000sf

Lease Term

2 + 2 years

Rental

S$20,000/mth for 4 locations

Trading Hours

10am - 9pm for stalls; Canteen 10am - 6pm (closed on weekends)

Relocatable

Yes

Reasons For Selling

Have multiple businesses to manage

Cash For Expansion

Nil

Back Up Cash

Nil

Staff Staying

Yes

Training By Owner

Yes

Expansion Potential

Great potential