Ad ID: 3187
Ads Post Date: January 10, 2019
Sale Price: S$110k
District: D08 - Little India - Farrer Park
Premises Size (Sqft): 1612
Premises Location: 78 Horne Road
No. of Staff: 4
Reason to Sell Business: Owners not enough time to run business with other businesses to run
We have a growing bistro bar for immediate takeover. Still alot of room for growth and owners have done the initial hard work of establishing the place and crafted a niche customer base.
Bar has been featured in many social media postings and has attracted a steady stream of regular customers.
All licences to operate have just been renewed (NEA, alcohol, URA). Kitchen is fully fitted, with all necessary equipment for operations, with exhaust hood range and dishwasher which are the costly items to install new. Bar is fully fitted out with the necessary (aircon, plenty of furniture). Total all up worth about $80k.
Space is 1612 ft, can seat 30 to 40 pax comfortably.
Bar has also host several government events, and is now placed in the top tier to get government approved events. Frequent inquiries for private events (we’ve done at least 1 private event monthly since opening).
All administrative task have been done (food delivery, online reservation, digital marketing, payments system – paywave, NETS) have been set up and paid for.
New owners can come in and start operations right away without any additional effort or cost to set up.