Take over business Fire Sale – Franchised Korean Dessert Cafe
Date Listed 12/06/2019
A Korean franchise dessert cafe located strategically next to Potong Pasir MRT station. Premium location with good frontage/traffic. Right in the centre of the mall. Neighbouring tenants include ZTP, Watsons, Guardians, Prima Deli, Proofer, Kopi and Tarts, Starbucks. Surrounded by many condominium developments, landed properties and upcoming new projects, one of the most densely populated prime areas with many expats and well heeled residents.
This 14-seater dessert cafe has been operating for half by a franchisee and still has a licence to operate under the landlord’s leasing agreement and brand owner’s franchise agreement for another 2.5 years (guaranteed renewal). All equipment has 3 years warranty.
It is beautifully and tastefully renovated, and has an established presence in the local area. It is being put up for sale due to the current franchisee plans for relocation to another country. Shop has been fully set up, ready for quick takeover, going for a steal!
Fire Sale inclusive of below:
Security Deposit : refundable upon lease end
Furniture, TV, chillers, freezers, coffee machine, ice-cream machine, ice machine, CCTV system and kitchenware: worth $30,000
POS System x 1 ($8,000), iPad x 1 ($800),
Fully renovated kitchen and shop, brand new Air-conditional duct system: worth $80,000
Full training and operational assistance to new owners and marketing support from brand owner
Direct owner, no hidden cost, no agent fee
Whatsapp Roz @ 93869911 to find out more. Viewing by appointment