Description
NOTICE: Due to overwhelming interest, the new offer for takeover with all licenses and facilities as listed below is at 140k (slightly negotiable for genuine prospects)
Lease duration 2+2yrs start 12jan 2018
Monthly rental 10k
Security deposit 20k
Average monthly revenue - up to 40k/month
Average monthly profit - 5k-10k/month
points to note:
pacbev sponsorship - 35k, 12k a&p, 23k in beer and incentives (San Miguel & Black Cab)
POS System - Epoint
Kitchen setup - chiller + custom work tables (2 nos) + chest freezer + lava stone griller (faulty)
Renovation - electrical & plumbing, minor renovations to both floors
Bar setup - bar counter, bar equipment, glassware, bar tools, liquor supplies
Furniture - tables and chairs L1, bar tables and stools L2, 2pc sofa set
Marketing done in collaboration with radio stations such as 91.3, 98.7, 100.3
Marketing email leads (approx 10k)
Facebook page - 1.2k follows, max 20k reach and 3k+ views on a single post
Participation:
Singapore garden festival @gardens by the bay (21july - 3aug)
Market on wheels @amk hub (6aug - 9sept)
Live account with iswitch (electricity retailer), $0.1655/kwh (current price is 0.23xx/kwh) fixed for 2 years
Functional kitchen exhaust system, air conditioning units, portable grease trap in kitchen (NEA approved)
Licenses to be transferred within 3-6 months after takeover
NEA food shop license
SPF liquor license (beer & liquor, 6am-12mn)
URA change of use approval for f&b
SCDF 2hr fire rated (L1 only)
Reason for selling: owners would like to explore other areas of f&b sector.