Listing ID: 14904
Total Viewed: 4030
Last Refreshed: 03/01/2019

TOP 10 Live Music Bar In Singapore For Takeover

Central Area

Asking Price : S$450,000

Revenue: Above S$1M

Cash Flow: S$200K-500K

Payable: Not Disclosed

Established: 2009

Gross Profit: SGD500K-1M

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Part Time

Net Profit: SGD200K - 500K

Liability: Not Disclosed

FFE: SGD150,000***

Staff: 18

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

***NOT included in asking price

Reason To Sell
moving towards bigger entertainment Club ownership.
Business Description

A hugely iconic live music bar able to accommodate up to 200 pax, host mini concerts and is the epitome of solid local bands performances. Unique designs and newly installed sound systems makes this venue a hit for everyday live music entertainments, accompanied with great food and drinks.

A professionally run and profitable outlet with full kitchen & bar facilities with brand new renovations costing up to $150k makes this outlet the most stand-out venue in the area. No COSTs required for and further upgrading as the outlet is fully and up till date and equipped to run the very next day.



Business Operations
Business Hour:
5.30 to 3am
Preferred Skills:
F&B and Clubs experience
Supporting and Training:
Owner will provide 2mths training in operating the place
Staff:
5 Local, 8 Foreigners, 5 Part Time
Property Information
Premise Status:
Rent
Premise Size:
3500sqft
Lease Term:
2+1 new lease
Premises Detai:
A professionally run and profitable outlet with full kitchen & bar facilities with brand new renovations costing up to $150k makes this outlet the most stand-out venue in the area. No COSTs required for and further upgrading as the outlet is fully and up till date and equipped to run the very next day.

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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