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Popular Cafe At Seri Alam For Sale

Seri Alam, Masai, Johor, Malaysia
Asking Price:
$49,800 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250K - $500K (USD)
Cash Flow:
$20,000 (USD)

Owner retiring ... looking for passionate operator to take-over the business.
Within high population catchment area. Main road facing corner shoplot, beside Regency Hospital and D Elegance Grand Hotel, and near by Tesco, Mydin, UniKL, Hospital Pasir Gudang, Pasir Gudang Industrial area, dense residential housing area of Seri Alam and Kota Masai.
Popular for local coffee and toast, local delicacies nasi lemak, mee siam, and signature beef kuey teow goreng, pan-mee, chicken chop, and special drinks.
Steady consistent stream of customer base as more than 10 years at this location.

Property Information

Real Estate:

Lease

Lease Terms:

Renewable upon request

Leasehold Rent:

$22,500 (USD) per annum

Living Accommodation:

Rented a hostel nearby for staffs who need

Location:

Seri Alam, Masai

Premises Details:

Ground floor of a 3 storey corner unit shoplot. Main road facing. Within high population catchment area. Beside Regency Hospital and D Elegance Grand Hotel. NearbyTesco, Mydin, UniKL, Hospital Pasir Gudang, Pasir Gudang Industrial area, dense residential population are of Seri Alam and Kota Masai.
A gym is operating at 2nd and 3rd floor.

Size in square feet:
Approx 2000sqft
Planning Consent:

Got consent to use the walkway

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Can look to open new outlets through Johor areas and beyond

Competition / Market:

Other food outlets nearby, such as KFC, Secret Recipe, Uwan Bongek, Hua Mui cafe, Thai restaurant, Kopi Sarawak, Kluang Rail cafe, and several others.

Reasons for selling:

Owner is retiring

Trading hours:

0800 - 1900 hrs

Employees:
12
Years established:
2014

Other Information

Support & training:

Provided by well known licence holder

Furniture / Fixtures value:
$30,000 (USD) - included in the asking price
Inventory / Stock value:
$3,000 (USD) - included in the asking price
Relocatable:
This business can be relocated