Food & Beverages
Fusion Cafe Restaurant & Boutique Shop @ George Town (Business Asset)
3653
Georgetown, Penang, Malaysia
Selling Off 100%
Retail
Business Overview
- A fusion of tradition and modern lifestyle café with boutique shop business, located in Georgetown, Penang.
- Operated since November 2019 (Assets are all still in tip top condition)
- Asking price is for business asset only, not including brand.
- Shop lot size is 102 x 14 sq ft, total capacity about 30 pax.
- Rental per month is RM 5,500.
- Rental deposit is 2 months rental.
- Customer average spending is RM 35.
- Operated since November 2019 (Assets are all still in tip top condition)
- Asking price is for business asset only, not including brand.
- Shop lot size is 102 x 14 sq ft, total capacity about 30 pax.
- Rental per month is RM 5,500.
- Rental deposit is 2 months rental.
- Customer average spending is RM 35.
Business Offer
Selling 100% share
Company Entity
Proprietorship
Business Highlights
Owner has other business to focus on, no time to run the business.
Financial
Yearly Revenue: RM 300,000.00
Business Size
Employees: 3 to 10 person
Assets
Strength & Opportunity
- Strategic location, located at Armenian Street, Penang hottest spot. Well-known place among the local and tourists to hang out. Located within the city's UNESCO World Heritage Site.
- Existing customer/ crowd. Gain popularity in recent years for its rich cultural offerings and street art, especially famous 'Children on a Bicycle' mural, which also make the shop along the street more lively and full of guest/ tourist. Good crowd all the time.
- Initial capital comes with Renovation worth RM 50,000; Coffee machine (FAEMA) worth RM 23,000; Furniture RM 3,000; Airconds + Air Curtain worth RM 5,000.
- Fully equipped. Bar equipment ready with coffee machine (FAEMA). Kitchen equipment ready with griller and exhaust.
- Handmade rattan tables & chairs included.
- Airconds, pos system provided.
- Online delivery platform: GrabFood, FoodPanda.
- Running and ready business, new owner can continue operate after take over.
- Existing customer/ crowd. Gain popularity in recent years for its rich cultural offerings and street art, especially famous 'Children on a Bicycle' mural, which also make the shop along the street more lively and full of guest/ tourist. Good crowd all the time.
- Initial capital comes with Renovation worth RM 50,000; Coffee machine (FAEMA) worth RM 23,000; Furniture RM 3,000; Airconds + Air Curtain worth RM 5,000.
- Fully equipped. Bar equipment ready with coffee machine (FAEMA). Kitchen equipment ready with griller and exhaust.
- Handmade rattan tables & chairs included.
- Airconds, pos system provided.
- Online delivery platform: GrabFood, FoodPanda.
- Running and ready business, new owner can continue operate after take over.
Location
Offer Price
RM 80,000.00
Make sure to reach out soon.
3653 people viewed this business
3653 people viewed this business
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