(Sold) Rare ! Profitable HDB Coffeeshop For Assignment ! Call 90670575

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 !

Property Information

Rent

Premise Status

(Sold) Rare ! Profitable HDB Coffeeshop For Assignment ! Call 90670575

Geylang

Date Closed: 11/02/2019

Overview

Reason For Sale

Description

Property Information

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