Description

A well-known local bubble tea takeaway outlet (under franchise system) located at Chong Pang Yishun for sale. It has been operating for 2 years plus with established clientele base from walk-in (~50%) and online orders (~50%) (e.g. Grabfood, Foodpanda, Deliveroo). The staff has been well trained to operate the outlet independently. The outlet has a Kiosk machine with nets payment arrangement. The customers can make payment via cash, nets, paynow, grabpay and online orders. Some operating information as follows for consideration.

Takeover fee: $80,000 (takeover of all existing machines, equipment and renovation excluding franchise fee of $30k, rental deposit of $8,900 and 7% GST)
Franchise fee: $30,000 (for 5 years and to be paid to franchisor, no monthly royalty fee)
Rental: $4,600 per month (rental deposit of $8.9k)
Utilities: between $500 - $700
Staff cost: $6,500 - $7,500 (currently, there are 3 full times and 3 part times staff)
Cost of goods: ~24% - 26% (goods are to purchase from franchisor)
Miscellaneous cost: ~$200 (Singtel wifi, nets)
Monthly sales: ~$22,000 - $25,000 on average (sales for good month can hit $30,000)

If interested, please contact Mr. Lew at 90148219 via WhatsApp or email [email protected]

Advertiser

Email Adress : Blank Contact No : +65 90148219
posted

2021-05-10

location

Singapore