Punggol Food & Beverage

RARE OPPORTUNITY TO ACQUIRE AN ESTABLISHED & PROFITABLE F&B BUSINESS

This is an opportunity to take over a fully fitted and operational F&B establishment with an existing customer base, established workforce and multiple revenue streams.

Suitable for experienced F&B operators, hospitality groups, entrepreneurs and investors looking to expand their existing portfolio or acquire an operational business.

ATTRACTIVE BUSINESS FUNDAMENTALS

• Asking Price: S$1,688,000
• Average Monthly Sales: Approximately S$200,000
• Annualised Revenue: Approximately S$2.4 million
• Average Monthly NPBT: Approximately S$80,000
• Annualised NPBT: Approximately S$960,000
• Indicative Asking Price: Approximately 1.76× Annualised NPBT


ESTABLISHED & READY-TO-OPERATE BUSINESS

• Fully fitted premises with approximately 5,430 sqft of operating space
• Renovation investment of approximately S$1.28 million
• Full commercial kitchen and equipment included
• Seating capacity of up to 400 patrons
• Established workforce of 46 local employees
• Existing foreign employee quota of 24, subject to applicable approvals and prevailing regulations
• Existing tenancy with approximately 1.5 years remaining, plus a further 3-year option, subject to the tenancy agreement and landlord’s approval where applicable

To protect the existing business, employees and ongoing operations, the actual business identity and location will only be disclosed to suitably qualified and genuinely interested buyers.

Further information, including financial statements, tenancy details, business particulars and supporting documents, may be made available to qualified parties, subject to the appropriate confidentiality arrangements and verification.

Serious buyers only.

IMPORTANT DISCLAIMER — BUSINESS TAKEOVER ONLY

Please note that this listing is for the takeover of an existing F&B business and its operations, NOT the sale of the property.