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Listing Id: 2408 Last Refreshed: 25/05/2021 Total Views: 14590

Profitable entertainment venue Company With High Growth Potential

Central AreaAmusement ArcadesRecreation Centers
Asking Price: S$50,000
Business For Takeover
Look For Investor
Look For Partner
jonathan ye
Email Owner

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$10,000
  • Rental Desposit N/A
  • Revenue S$20K - 50K
  • Liability N/A
  • Gross Profit N/A
  • Net Profit S$5K - 10K
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 5
  • Established 2013
  • Source Direct Seller

Reason For Sale

Owner moving onto other business.

Description

Coffeemin Time Cafe
The first time based concept cafe in Asia. Concept and business innovation has been quoted in textbooks for business schools. Successfully fend off competition and become one of the top venues for consideration for events such as team building, baby showers, gatherings and occasions, hosting over 2000 events since 2014. More details on the company can be found at www.coffeemin.sg

Pre-covid, the company is a high cash flow business with average monthly revenue exceeding SGD 25000 and net profit between SGD 5000 to SGD 10000. The company has no debt or liabilities, and has built up a strong presence via word-of-mouth and walk-in experiences. The business is very simple, and has an average of 14 events booking without any marketing. This has great potential to become a Singapore chain of entertainment venue once the pandemic is over.

Business Operation

11am to 10pm
Business Hour

Property Information

Rent
Premise Status
Yes, it can relocate to other place
Relocatable
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