Punggol Mrt (D19), Retail - For Sale #119698161
Punggol MRT (D19), Retail #633707531
Punggol MRT (D19), Retail #633707541
Punggol MRT (D19), Retail #633707551

Punggol MRT (D19), Retail - For Sale

Confidential Food&Beverage Business for Takeover Fully Fitted
5,430 sqft | $311 psf (Built)
$1,688,000
Estimated mortgage $X,XXX monthly
CEA: R071139J | L3008899K
Hi I'm Dennis Lim
RARE OPPORTUNITY TO ACQUIRE AN ESTABLISHED & PROFITABLE F&B BUSINESS

This is an opportunity to take over a fully fitted and operational F&B establishment with an existing customer base, established workforce and multiple revenue streams.

Suitable for experienced F&B operators, hospitality groups, entrepreneurs and investors looking to expand their existing portfolio or acquire an operational business.

ATTRACTIVE BUSINESS FUNDAMENTALS

• Asking Price: S$1,688,000
• Average Monthly Sales: Approximately S$200,000
• Annualised Revenue: Approximately S$2.4 million
• Average Monthly NPBT: Approximately S$80,000
• Annualised NPBT: Approximately S$960,000
• Indicative Asking Price: Approximately 1.76× Annualised NPBT


ESTABLISHED & READY-TO-OPERATE BUSINESS

• Fully fitted premises with approximately 5,430 sqft of operating space
• Renovation investment of approximately S$1.28 million
• Full commercial kitchen and equipment included
• Seating capacity of up to 400 patrons
• Established workforce of 46 local employees
• Existing foreign employee quota of 24, subject to applicable approvals and prevailing regulations
• Existing tenancy with approximately 1.5 years remaining, plus a further 3-year option, subject to the tenancy agreement and landlord’s approval where applicable

To protect the existing business, employees and ongoing operations, the actual business identity and location will only be disclosed to suitably qualified and genuinely interested buyers.

Further information, including financial statements, tenancy details, business particulars and supporting documents, may be made available to qualified parties, subject to the appropriate confidentiality arrangements and verification.

Serious buyers only.

IMPORTANT DISCLAIMER — BUSINESS TAKEOVER ONLY

Please note that this listing is for the takeover of an existing F&B business and its operations, NOT the sale of the property.
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About this property
Address
Punggol Central
Property Name
Property Type
Retail
Model
Food And Beverage
Asking
$1,688,000
Size
5,430 sqft (Built-up)
PSF
$311 psf (Built-up)
Tenancy Status
Not tenanted
Date Listed
1791827768
What's in this area?
All
Trains (MRT & LRT)
Bus Stops
Schools
Shopping Malls
Groceries & Supermarts
Trains (MRT & LRT)
PUNGGOL MRT
NE17 PTC CP4
SOO TECK LRT U+C
PW7
SUMANG LRT U+C
PW6
Bus Stops
Punggol Temp Int
8283848536262A4343M503434A117118119136382G382W386
Aft Punggol Ctrl
6N
Primary Schools
Punggol View Primary
0.35 km
Punggol Green Primary
0.47 km
Edgefield Primary
0.81 km
Secondary Schools
Edgefield Secondary
0.49 km
Punggol Secondary
0.83 km
Compassvale Secondary
0.97 km
Shopping Malls
Waterway Point
0.21 km
Oasis Terraces
1.26 km
Northshore Plaza I
1.36 km
Groceries & Supermarts
FAIRPRICE FINEST
0.21 km
LI LI CHENG SUPERMARKET (PUNGGOL) PTE. LTD.
0.27 km
SHENG SIONG SUPERMARKET
0.48 km
Google Map
Tap to Zoom
Bus/MRT
- mins
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- mins
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- mins
PUNGGOL MRT
NE17 PTC CP4
0.14 km
Bus/MRT
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SOO TECK LRT U+C
PW7
0.54 km
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SUMANG LRT U+C
PW6
0.58 km
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Punggol Temp Int
82 83 84 85 3 62 62A 43 43M 50 34 34A 117 118 119 136 382G 382W 386
0.1 km
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Aft Punggol Ctrl
6N
0.19 km
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- mins
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Punggol View Primary
0.35 km
Bus/MRT
- mins
Drive
- mins
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Punggol Green Primary
0.47 km
Bus/MRT
- mins
Drive
- mins
Walk
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Edgefield Primary
0.81 km
Bus/MRT
- mins
Drive
- mins
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Edgefield Secondary
0.49 km
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Drive
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Punggol Secondary
0.83 km
Bus/MRT
- mins
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Compassvale Secondary
0.97 km
Bus/MRT
- mins
Drive
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Waterway Point
0.21 km
Bus/MRT
- mins
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- mins
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Oasis Terraces
1.26 km
Bus/MRT
- mins
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- mins
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- mins
Northshore Plaza I
1.36 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
FAIRPRICE FINEST
0.21 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
LI LI CHENG SUPERMARKET (PUNGGOL) PTE. LTD.
0.27 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
SHENG SIONG SUPERMARKET
0.48 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
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