Profitable Bar for Sale in Singapore
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 |
- 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.
Intangible assets include licenses.
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Earlier than 15 daysDirector, Marketing Services, Singapore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManager, Civil Engineering Services, Singapore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Design Services, Singapore, Individual Investor / Buyer connected with the Business