Need help?

Profitable Bar for Sale in Singapore

11-year-old restaurant for sale, ready to operate offers both dine-in and takeaway with garden view.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 400 - 500 thousand
Run Rate Sales USD 550 thousand
EBITDA Margin 30 %
Industries Restaurants + 1 more
Locations Singapore
Local Time 9:21 PM Asia / Singapore
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 140 thousand (Native Currency: SGD 180,000)
Reason: The reason for the sale is to pursue overseas opportunities.
Includes physical assets worth USD 38.5 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Prime location: Situated in Singapore's bustling CBD area, this restaurant is strategically positioned to attract a steady lunch, dinner, and bar crowd.
- Established legacy: Operating for over 11 years, the business has a strong regular clientele and attracts walk-ins, catering services, home deliveries, and self pick ups.
- Capacity and ambience: Offering dining for up to 80 patrons, with 50 indoor and over 30 outdoor garden seats, providing a versatile venue for both intimate dinners and lively gatherings.
- Recent renovations: The restaurant underwent a complete renovation just 9 months ago, offering a fresh and contemporary setting for patrons.
- Lease details: Secure tenancy with 1.2 years remaining and an option to renew for an additional year with a rental increase cap of only 10%.
- Beverage potential: Unique opportunity to expand wine offerings with no direct competition on the street, complemented by an existing beer garden.
- Dining flexibility: Diverse offerings include both dine-in and takeaway options, catering to varied customer preferences and maximizing revenue streams.
- Minimal staffing requirements: Currently operated with minimal staff, indicating potential for operational cost efficiencies.
- Business sale opportunity: A fully operational, turnkey restaurant ready for a full takeover, featuring all necessary amenities for immediate operation.
Products & Services Overview
The business offers both dine-in and takeaway food services, with a seating capacity of 80, including 50 indoor seats and over 30 outdoor seats. The beverage offerings include wine, with a unique opportunity in the area due to lack of competition, as well as a beer garden. Located in a CBD area, the outdoor garden attracts lunch, dinner, and bar crowds.
Assets Overview
The tangible assets include all equipment, exhaust systems, fire safety measures, company-related assets, CCTV, sound system, furniture, kitchen appliances, refrigerators, freezers, bar counter and related equipment, decorations, renovations, wiring, and piping.
Intangible assets include licenses.
Facilities Overview
The property features a 1200 sqft ground floor space, a 350 sqft outdoor garden with an awning, two toilets, and a newly installed 16sqm kitchen. Included are all necessary licenses: SFA licenses, SCDF and HSE tobacco retail licenses, and SFA liquor takeaway and dine-in licenses. Additionally, the space is equipped with CCTV and comes fully furnished with all necessary equipment.
Capitalization Overview
The company has a single shareholder with a paid-up capital of 115,000 SGD. It is debt-free and has no outstanding liabilities.
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
6 Buyers already contacted this Business. 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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more