Bakery and Pizzeria in Great Shanghai Location
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- Bakery and Pizzeria in Great Shanghai Location
Bakery and Pizzeria in Great Shanghai Location
Listing Number:
- 086-09-09-001
Asking Price:
- CNY 770,000
Shanghai Municipality Minhang District
Business Details
Company:
- Yes
Current Staff:
- 13 Full-Time Salaried
Licenses:
The following licenses are included:- Food
Average Monthly Electricity:
- CNY 9,000
Average Monthly Water:
- CNY 1,000
Property Details
Tenure:
- Business Sale and Rent (Leasehold Premises). 4 Years (from April 2018).
Rent:
- CNY 41,000 per month. Payable monthly in advance
Security Deposit:
- CNY 41,000.
Connected Utilities:
- Power
- Water
- Internet
Stock:
- Stock may be valued at Cost Price at the time of settlement and transferred to the new owner at Cost Price, if required
Internet:
- Connected at the cost of CNY 650 per month. Wifi Enabled.
Security:
- CNY 0 per month
Price Negotiable:
- Yes, near offers will be considered
Agent's Comments
Close to all the foreign schools (American, German, French and British), this 425m2 modern-designed shop is booming. After 6 years in China though, the French owner is keen to return home, and that means this little bargain is up for sale. All of the hard setup work has been done and the shop is now well-established. It has regular and increasing clientele, staff are trained and work autonomously, and there is soon to be a new highway nearby literally driving more traffic to the shop. All equipment is provided and the existing food license will be transferred. The bulk of sales are deliveries and take-out, however there is some dining on-site and this could possibly be further developed by a new buyer if required.
The bread sector is taking off in a big way in China and pizzas are popular everywhere so here is a chance to secure some of this popularity and turn a profit at the same time. Baked on the premises, the products are high quality and the brand is instantly recognized.
Lease conditions on the rented premises are quite good and rent is reasonable for the size and location. The trading company is provided with the sale if required. This is a genuine sale and the owner is motivated to sell. An inspection will provide an opportunity to obtain more detailed information and won't disappoint.