Singapore  Singapore

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Listing Id: 31947 Last Refreshed: 05/07/2024 Total Views: 478

(On Hold)Arts & Crafts Workshop Studio

Central AreaCorporate TrainingRecreation Centers
Asking Price: S$250,000
Business For Takeover
Look For Investor
Look For Partner
Izac Tan

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  • Overview
  • Reason For Sale
  • Description
  • Business Operation
  • Property Information

Overview

  • Premise Type Commercial Street
  • Premise Size 1700 sqft / 158 sqm
  • Monthly Rental S$5,400
  • Rental Desposit S$16,200
  • Revenue N/A
  • Liability S$0
  • Gross Profit S$10,000
  • Net Profit N/A
  • Stock S$40,000***
  • FFE S$15,000***
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 3
  • Established 2021
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Moving onto other business

Description

We conduct tufting workshops for groups and individuals. First tufting studio in SEA with strong branding.
500+ 5* Google reviews, 5* rated on google.

Business Operation

Tufting Guns
Projectors
Yarns and stocks
Facilities
Cheaper alternatives, copycats.
Competition
Able to expand into many different types of workshops. Suited for crafts lovers.
Expansion Potential
3 months handover from owners to you.
We will guide and provide training for you to takeover smoothly.
Support and Training

Property Information

Rent
Premise Status
Lease ends in May 2025
Lease Term
3rd floor Shophouse
Premises Details
Yes, it can relocate to other place
Relocatable
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