Listing Id: 4809
Total Views: 13730
(Sold) Rare ! Profitable HDB Coffeeshop For Assignment ! Call 90670575
Geylang
Date Closed: 11/02/2019
Asking Price: S$1,200,000
- Overview
- Reason For Sale
- Description
- Property Information
Overview
-
Premise Type
N/A
-
Premise Size
-
Monthly Rental
N/A
-
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
Broker
Reason For Sale
owner is retiring
Description
Rarely available ! HDB Coffeeshop for Assignment (Takeover). HDB is the Landlord of the property.
Paya Lebar area (near to Mcpherson MRT) coffeeshop facing the main road, behind a bus stop. Good frontage and good location. 4 + 1 stalls.
HDB monthly rental only $4500 (Can't get this kind cheap rent from private landlords !!!)
Rental collections from the 4 foodstalls are $10,000/- monthly (this is old rental, market rate rental should be adjusted from $5k to $10k more)
Drinkstall's revenue monthly is more than $30,000/-.
Estimated net profit monthly $20,000 plus. Pls take note, the net profit is not maximised yet, easily $5k to $10k more per month.
Assignment fee $1.2 million
Interested parties pls call Vincent @ 90670575 now !!! Thanks !
Saudi Arabia