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Newly Established Bar for Sale in Singapore

Casual dining restaurant for sale, ideal for redevelopment near prime Singapore location.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 230 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants + 1 more
Locations Singapore
Local Time 3:07 AM Asia / Singapore
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 54 thousand (Native Currency: SGD 70,000)
Reason: The owner is relocating.
Includes physical assets worth USD 54 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Non-operational Restaurant located in Singapore, offering a prime spot for potential redevelopment or partnership.
- Restaurant specialized in a casual dining experience focused on burgers, fries, desserts, and drinks.
- The business has been closed for the past three months, presenting opportunities for revamping the restaurant concept.
- The restaurant offers a comfortable seating capacity of approximately 50 guests.
- When operational, the bistro catered to an average of 20-30 customers a day, indicating a steady flow of local diners.
- Previously organized at least 5 parties and events each month, showcasing potential for event catering services.
- The bistro holds a valid registration certificate, ensuring compliance with local health and safety regulations.
- Opportunities to reinvigorate income through daily dining services, event hosting, and expanding the menu offerings.
Products & Services Overview
Specialized in a casual dining experience focused on burgers, fries, desserts, and drinks.
Assets Overview
Tangible assets include:
- Furniture and fixtures.
- Kitchen equipment.
- Bar setup.
Facilities Overview
The business operates from a rented facility and the monthly rent is SGD 8,000.
Capitalization Overview
- Sole owner.
- No loans or debts.
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2 Buyers viewed this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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