Fusion Cafe Restaurant & Boutique Shop @ George Town (Business Asset)
Businesses for Sale
- Brand Name: Fusion Cafe Restaurant & Boutique Shop @ George Town (Business Asset)
- Company Entity Proprietorship
- Industry Category Food & Beverages
- Asking Price RM 80,000
- Strength & Weaknesses - 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.
- Reason of Selling Owner has other business to focus on, no time to run the business.
Introduction
– 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.
Similar Listing
Location
16, Jalan Armenian