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Prime Location Restaurant In Buona Vista For Sale

Buona Vista, Queenstown
Asking Price:
Under $100K (SGD) Furniture / Fixtures included
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Newly renovated (Oct 2018) and well-kept cafe/family restaurant located near Buona Vista MRT station is looking for takeover.

Located at a high visibility area for brunch, lunch and dinner from the residential and commercial population.

Additional and substantial revenue comes from its unique location within the delivery radius of four main food delivery services to cover the dense Holland, Ghim Moh, Metropolis, One North and Biopolis cluster.

Operations have enjoyed good patronage and rapport with customers at its current location for 3 years.

Some features:

- NEA approved configuration.
- Halal-certification ready facility.
- SCDF approved configuration.
- HDB approved set up.
- Upgraded electrical capacity. Upfront savings of 50k.
- Electrical Load 40Amp 3-phase (upgraded).
- $100K renovation in Oct 2018 with the original intention of long-term business operation.
- Aircon is periodically maintained with chemical wash servicing.
- Move-in, ready-to start condition.
- 24 months of remaining lease. Extension of lease is possible.
- Takeover period in June 2019.

Owners of the business are migrating and are putting up the space for takeover. This is a rare opportunity, not to be missed.

Property information

Real Estate:

Lease

Leasehold Rent:

$9,500 (SGD) per annum

Location:

Walking distance from Buona Vista MRT

Size in square feet:
730

Business Operation

Reasons for selling:

Migration

Other Information

Support & training:

Location takeover only.

Furniture / Fixtures value:
$100,000 (SGD) - included in the asking price
Administration / receivership:
This business is in administration / receivership

Contact Information

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