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Newly Established Ice Cream Parlor for Sale in Singapore

For sale: Ice cream cafe in upmarket mall in Singapore with 25 pax seating.

Established 0-1 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales USD 350 thousand
Run Rate Sales USD 350 thousand
EBITDA Margin 5 %
Industries Ice Cream Parlors
Locations Singapore
Local Time 6:33 PM Asia / Singapore
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 93 thousand (Native Currency: SGD 120,000)
Reason: Owner went back to full time employment and wants to let a better person bring it forward.
Includes physical assets worth USD 31 thousand
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Business Overview
- This ice cream parlor is a franchisee of a premium vegan ice cream brand, focusing on high-quality plant-based desserts that cater to health-conscious customers.
- We pay a monthly royalty to the brand.
- Located in a centrally positioned upmarket mall near Orchard, it attracts both locals and expats seeking a gourmet ice cream experience.
- The seating capacity is currently set for about 25 patrons, with potential to increase to accommodate more customers.
- The business employs one full-time staff member and has a roster of over ten part-time employees, ensuring effective operations during peak hours.
- Monthly sales range from SGD 30,000 to SGD 40,000, indicating a solid revenue stream and strong customer demand.
- Business has an operational license.
Products & Services Overview
Premium vegan ice cream along with pastries and coffee/tea. Serves mainly locals and expats living around the area.
Assets Overview
Intangible:
Franchise rights worth SGD 25k.
5-star Google review service staff.
Tangible:
Freezers and chillers, an Espresso machine, interiors, furniture and grinder.
Facilities Overview
600 sqft space on competitive terms in a mall. 19 months to go on current lease.
Capitalization Overview
3 owners, self-funded. No debt and stable cash flow of SGD 30-40k per month.
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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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