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Sale SGD 33,000

Indian Food Stall for TakeoverDistrict 05

  • Built-up : 200 sq. ft.
  • Land area : 200 sq. ft.
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Indian Food Stall for Takeover

Indian FnB Biz & Co for Takeover

The sale comes with items as follows;
* An Indian Stall & the FnB company
* the FnB company established 8yrs ago
* Its ongoing biz & continuously active
* located at Jurong area
* It’s the only Indian stall there
* include rental deposit of about $3k & 
FnB equipments resale worth of about $6k
* operated by 1-2 staff only
* Low Rent of $2.5k 
* revenue in range of $13k-$22k per mth 
with Net profit from $4-8k pm. 
* The asking takeover price is $33k. 
* Vendor will support 1-week upon takeover 

The monthly biz financials
LOW HIGH 
Revenue $13.7k $22.5k
* Rent $2.5k $2.5k
* Salary $2.0k $3.7k
* SalesCost $3.5k $5.3k
* Utility, etc $1.0k $1.5k
* Others $0.7k $1.5k
Total cost is $9.7k $14.5k
NET PROFIT $4.0k $8.0k 

The Revenue averages $17k per month. 
Thus, the net profit is about $5k pm.
If the Buyer operate himself, the takehome would be $7k ($5+2k)
The asking takeover price is $33k.

Regards, KESH 9009-9036
Director, BizMerger

Property Details

QuickPro No:
IPL16869712
Property Type:
Retail
District:
District 05
Built-up:
200 sq. ft.
Asking Price (PSF):
SGD 165