We are a Japanese izakaya that has operated for over 7 years and served the general office populace at Buona Vista. The lunch crowd is extremely bustling, and our dinner crowd is often packed with office workers having a cold one before heading home. Rather than reinventing the wheel, why not hit the floor running with a timeless aesthetic and start getting back your ROI immediately? Lease tenure has about 1.5 years left, but signing a fresh lease is definitely possible.
- Asking Price:
- $250,000 (SGD) Furniture / Fixtures included
- Sales Revenue:
- $1,200,000 (SGD)
- Cash Flow:
- Under $50K (SGD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
3 years ending Feb 2026. Fresh lease can be signed
- Location:
-
Grade A Office Building with 2 blocks and total office population of 9000 office workers.
- Premises Details:
-
2000 sq ft with 100 seats. Additional ORA of about 1000sq ft .
- Size in square feet:
- 2,000
Business Operation
- Expansion Potential:
-
With 7 years in operation, there is general wear and tear but simple to solve with upholstery of booth seats, repainting and changing of chairs. Some simple change in the general aesthetic should inject some freshness to the decor which should in turn bring in more customers and retain regulars to check out the place. Company wise, we do have projects involving established japanese brands to come in for extended pop ups, that should lend curiosity and marketing content to the space.
- Competition / Market:
-
Cuisine wise, we are the only legitimate japanese izakaya in the Biopolis area so lunch business is assured. However, in the last 2 years, we have 2 bars popping up that has been taking away customers by providing price advantages. We have since responded in kind and has won back said customers but have yet to see if there will be further price war.
Competition
- Reasons for selling:
-
Moving away from SG
- Trading hours:
-
Mon - Fri : 11 am - 11 pm. 3-5 pm Break.
Sat: 6 pm - 11 pm.
Sun: Rest
- Employees:
- 8
- Years established:
- 7
Other Information
- Support & training:
-
We can stay on to assist and train for as long as buyer needs us to moderate morale.
- Furniture / Fixtures value:
- $200,000 (SGD) - included in the asking price
- Inventory / Stock value:
- $10,000 (SGD)
- Website:
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