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Listing Id: 13633 Last Refreshed: 07/05/2019 Total Views: 9196

(Sold) Profitable Established Organic Food Restaurant For Sale!

Central AreaPUBs
Asking Price: S$750,000
  • Premise Type N/A Premise Size 1400 sqft / 130 sqm
  • Monthly Rental S$12,000 Rental Desposit S$30,000
  • Revenue S$50K - 100K Liability N/A
  • Gross Profit S$20K - 50K Net Profit S$10K - 20K
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff 4
  • Established 2015 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
Richard Mather

Reason For Sale

Owner looking to re-locate

Description

Since opening the concept in late 2015, providing healthy food that reaches a wide audience of locals & westerners, the business has gone from strength to strength.
The business serves the CBD crowd of Tanjong Pagar, Telok Ayer & Raffles place, however has brought in crowds from all areas of Singapore & also internationally due to its well thought through menu, ease of access through delivery partners, and catering options.

Having built its reputation, with 200% growth in the 2nd year, the current 20% growth year on year has come from a combination of its 60% repeat loyal customers, raving reviews on social media & media following including Channel News Asia & Straits times.

With more and more people turning to nutritious, well-balanced menus, the business has had a lot of requests for multiple outlets & its demand shows fantastic potential for growth. Since day one systems & processes have been strictly put in place & it comes with a well trained, committed operational team, needing guidance only for future plans.

This is a pioneer business within F&B and a brilliant opportunity for someone wanting to expand across Asia in a still premature market.
Assets include;
All operating kitchen equipment
All POS & printing equipment

Full seating indoor & outdoor furniture for 40+ seats
Staff HR manuals, recipes guides including images, standing operating procedures for every operational role.
Other ;
Easy central access to 2 major MRT stations
Alcohol licence
Lease is 3+2 but friendly landlord also flexible on longer extension
Strong brand presence, with over 3000 social media followers on instagram/facebook/mailing list
Considering Offers in the range $350K - $750K SGD

Business Operation

8am to 6pm Mon-Fri. 9am to 3pm Saturday, Closed Sunday & PH
Business Hour
Assets include;

All operating kitchen equipment
All POS & printing equipment
Full seating indoor & outdoor furniture for 40 seats
Staff HR manuals, recipes guides including images, standing operating procedures for every operational role.
Facilities
Healthy eating is becoming the new norm and there is a wave of new places opening however by establishing in the market early, when competition was minimal, we have established a solid brand and a loyal customer base.
Competition
We have had numerous requests for additional outlets as well as potential investors however we have focused on developing the commercial success of the first outlet before considering expanding to scale.
Expansion Potential

Property Information

Rent
Premise Status
3 years + 2 years
Lease Term
Ground Floor Shop House Restaurant
Premises Details
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