Singapore  Singapore

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Listing Id: 31531 Last Refreshed: 15/04/2024 Total Views: 594

(Expired)Multiple Established Businesses For Sale In Singapore

Central AreaFoot ReflexologySPAs
Asking Price: Price On Request
Business For Takeover
Look For Investor
Look For Partner
Jessica Wijaya

Recommended Businesses

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

Overview

  • Premise Type Commercial Street
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 50
  • Established 1998
  • Source Direct Seller

Reason For Sale

Takeover opportunities starting from as low as $50,000 up to $1,000,000

Description

We specialize in providing turnkey solutions to investors looking for profitable business opportunities. We have a team of experts who can help identify potential concepts and customize a solution to meet the specific needs of investors. Our goal is to ensure that our clients are successful and profitable in their ventures, while minimizing risk and maximizing returns.

For investors who are looking for new opportunities and concepts, turnkey solutions can be an attractive option. These solutions provide a complete package that includes everything needed to start a new business or expand an existing one. From marketing and branding to operations and logistics, turnkey solutions offer a comprehensive approach that minimizes the time and effort required to get a business up and running.

By investing in turnkey solutions, investors can tap into new markets, diversify their portfolio, and potentially increase their profitability. These solutions allow investors to focus on their core competencies and strengths, while leveraging the expertise of a proven business model.

Business Return on Investment in Singapore:
Singapore has long been known for its attractive business environment and high return on investment for foreign companies. With a strong economy, low corruption levels, and a strategic location in Asia, Singapore offers numerous opportunities for foreign businesses looking to expand their operations.
One of the key reasons why Singapore is a popular destination for foreign investment is its business-friendly policies and incentives. The government in Singapore offers various tax incentives and grants to encourage foreign companies to set up their operations in the country. Additionally, Singapore has a well-developed infrastructure, skilled workforce, and efficient regulatory system that make it easy for businesses to operate and grow.

In terms of return on investment, foreign companies in Singapore can expect to see high profits and returns. Singapore's stable economy, strong rule of law, and pro-business environment all contribute to making it an attractive destination for investment. Additionally, Singapore's strategic location in Asia means that companies can easily access other markets in the region, further enhancing the potential for growth and profitability.

Overall, investing in Singapore can be a lucrative decision for foreign businesses looking to expand their operations in Asia. With its business-friendly environment, strong economic performance, and strategic location, Singapore offers numerous opportunities for high returns on investment.

Food and Beverage Business for Sale:
Business Sale Amount: $150,000
Profit: $60,000 annually
Rental Lease Tenure: 5 years
Monthly Sales: $15,000
Annual Sales: $180,000
Cost of Goods: 30%
Cost of Labor: 20%
Return Rates:
Return on Investment: 40%
Annual Sales Growth: 10%

Beauty Wellness Business for Sale:
Business Sale Amount: $200,000
Profit: $80,000 annually
Rental Lease Tenure: 3 years
Monthly Sales: $20,000
Annual Sales: $240,000
Cost of Goods: 25%
Cost of Labor: 15%
Return Rates:
Return on Investment: 40%
Annual Sales Growth: 15%

Business Operation

Some significant physical assets of a business may include:

Real estate: This includes any buildings or land owned by the business, such as office spaces, manufacturing facilities, or retail stores.

Equipment: This can include machinery, tools, vehicles, and other equipment needed to operate the business. For example, a construction company may have bulldozers, excavators, and trucks as physical assets.

Inventory: This includes the raw materials, work-in-progress goods, and finished products that the business owns. For example, a retail store may have inventory such as clothing, electronics, or home goods.

Furniture and fixtures: This includes office furniture, display cases, shelving, and other fixtures needed to present products or provide services to customers.

Technology: This includes computers, servers, software, and other technology assets that the business uses to operate efficiently and effectively.

Vehicles: This includes any company cars, trucks, or other vehicles used to transport goods, employees, or provide services to customers.

These physical assets are essential for the day-to-day operations of the business and play a significant role in generating revenue and profits. Proper management and maintenance of these assets are crucial to the success and growth of the business.
Facilities
We want to be open about the Pros & Cons for the businesses in these industries:

Food and Beverage Business:

Pros:

Competition encourages innovation and encourages businesses to constantly improve their products and services to stay ahead.
Competition can help to grow the overall market, as businesses strive to attract customers through new and exciting offerings.
Competition can lead to lower prices for consumers, as businesses compete to offer the best value to customers.
Competition can also lead to a wider variety of options for consumers, as businesses strive to differentiate themselves from their competitors.

Cons:

Competition can be fierce and lead to a cut-throat environment, potentially leading to unethical behavior or aggressive tactics.
Competition can also lead to a decrease in profit margins, as businesses may have to lower prices or increase marketing spending to stay competitive.
Competition can create barriers to entry for new businesses, as established competitors may have a stronghold on the market.
Competition can also create a saturated market, making it difficult for businesses to stand out and attract customers.

Beauty and Wellness Business:

Pros:

Competition can drive businesses to improve their offerings, leading to better products and services for consumers.
Competition can also create a sense of urgency for businesses to stay current with trends and advancements in the industry.
Competition can lead to a more competitive pricing environment, providing consumers with more options and potentially lower prices.
Competition can help businesses reach new customers and expand their reach through marketing and promotion efforts.

Cons:

Competition can create stress and pressure for businesses to constantly stay ahead of their competitors, potentially leading to burnout.
Competition can also lead to a loss of market share or customer loyalty, as consumers may switch to competitors offering better deals or services.
Competition can create a race to the bottom in terms of pricing, potentially leading to lower profit margins and sustainability issues for businesses.
Competition can also create a saturated market, making it difficult for businesses to differentiate themselves and stand out from competitors.
Competition
The expansion possibilities for a Food and Beverage business can include opening more locations in different cities or countries, offering online ordering and delivery services, partnering with other businesses for co-branded products or collaborations, and expanding the menu to include a wider range of diverse and trendy food options. Additionally, the business can also consider catering services for events and parties, expanding the hours of operation to cater to late-night crowds, and implementing a loyalty program to retain customers and encourage repeat business.

For a Beauty and Wellness business, expansion possibilities can include opening additional locations in high-traffic areas, offering franchise opportunities for interested entrepreneurs, expanding the range of services offered to include new treatments and therapies, partnering with other businesses for cross-promotional opportunities, and introducing a line of branded skincare or beauty products. The business can also consider offering membership or subscription services for regular customers, hosting beauty and wellness workshops or events, and collaborating with influencers or celebrities for product endorsements and promotions. Additionally, exploring online sales and e-commerce options can help the business reach a wider audience and increase revenue streams.
Expansion Potential

Have a clear understanding of the industry: Training and support can provide new business owners with in-depth knowledge of the food beverage or beauty health industry, including the latest trends, regulations, and market demands.

Learn best practices: By participating in training programs, new business owners can learn best practices in areas such as menu planning, ingredient sourcing, customer service, and marketing strategies.

Develop essential skills: Training and support can help new business owners develop essential skills such as communication, leadership, problem-solving, and financial management.

Access to industry experts: Many training programs offer access to industry experts and mentors who can provide valuable insights, guidance, and networking opportunities.

Stay up-to-date: The food beverage and beauty health industries are constantly evolving, and training can help new business owners stay ahead of the curve with the latest technologies, techniques, and trends.

Build confidence: Running a business can be challenging, and training can help new business owners build confidence in their abilities and decision-making skills.

Improve customer satisfaction: Properly trained staff can provide better service, leading to higher customer satisfaction and loyalty.

Enhance productivity: Training can improve efficiency and productivity in the day-to-day operations of a business, leading to better results and increased profitability.

Understand legal requirements: Training can help new business owners understand and comply with legal requirements, such as food safety regulations or licensing and permitting for beauty health businesses.

Increase profitability: Ultimately, training and support can help new business owners increase profitability by providing them with the knowledge, skills, and tools needed to run a successful business in the food beverage or beauty health industry.
Support and Training
Yes, seller financing is available.
DBS Bank
Loan tenure: Up to 5 years
Loan amount: Up to 4 times of monthly income for Singaporeans and Singapore permanent residents; Up to 2 times of monthly income for foreigners working in Singapore

OCBC Bank
Loan tenure: Up to 5 years
Loan amount: Up to 6 times of monthly income for Singaporeans and Singapore permanent residents; Up to 4 times of monthly income for foreigners working in Singapore

UOB Bank
Loan tenure: Up to 5 years
Loan amount: Up to 5 times of monthly income for Singaporeans and Singapore permanent residents; Up to 3 times of monthly income for foreigners working in Singapore

Maybank
Loan tenure: Up to 5 years
Loan amount: Up to 6 times of monthly income for Singaporeans and Singapore permanent residents; Up to 3 times of monthly income for foreigners working in Singapore

Citibank
Loan tenure: Up to 5 years
Loan amount: Up to 6 times of monthly income for Singaporeans and Singapore permanent residents; Up to 3 times of monthly income for foreigners working in Singapore

Standard Chartered Bank
Loan tenure: Up to 5 years
Loan amount: Up to 4 times of monthly income for Singaporeans and Singapore permanent residents; Up to 2 times of monthly income for foreigners working in Singapore

Please note that the loan amounts and terms may vary based on individual creditworthiness, financial situation, and other factors. It is recommended to contact the respective banks directly for the most accurate and up-to-date information.
Seller Financing

Property Information

Rent
Premise Status
Businesses that are available for takeover in Singapore
Orchard Road
Pros: Shopping paradise with a wide variety of retail options, entertainment hubs, and dining choices
Average Income: $5,000 to $7,000 a month
Age group: 20s to 40s
Race group: Chinese, Malay, Indian, and others
Foreigner percentage: 20%

Chinatown
Pros: Authentic cultural experience, bustling street markets, and delicious food options
Average Income: $4,000 to $8,000 a month
Age group: 30s to 50s
Race group: Predominantly Chinese
Foreigner percentage: 15%

Little India
Pros: Vibrant atmosphere, colorful buildings, and traditional Indian cuisine
Average Income: $4,000 to $6,000 a month
Age group: 20s to 40s
Race group: Predominantly Indian
Foreigner percentage: 25%

Clarke Quay
Pros: Lively waterfront area with numerous bars, restaurants, and clubs
Average Income: $6,000 to $8,000 a month
Age group: 20s to 40s
Race group: Chinese, Malay, Indian, and others
Foreigner percentage: 40%

Marina Bay Sands
Pros: Iconic luxury hotel and entertainment complex with stunning views of the city skyline
Average Income: $7,000 to $15,000 a month
Age group: 30s to 50s
Race group: Chinese, Malay, Indian, and others
Foreigner percentage: 50%

Sentosa Island
Pros: Popular tourist destination with pristine beaches, entertainment attractions, and luxurious resorts
Average Income: $5,000 to $10,000 a month
Age group: 30s to 60s
Race group: Chinese, Malay, Indian, and others
Foreigner percentage: 30%

Bugis Street
Pros: Bargain shopping street with a wide range of fashion items, accessories, and souvenirs
Average Income:$3,000 to $5,000 a month
Age group: 20s to 40s
Race group: Chinese, Malay, Indian, and others
Foreigner percentage: 20%

Raffles Place
Pros: Central business district with numerous corporate offices, upscale dining options, and shopping centers
Average Income: $7,000 to $12,000 a month
Age group: 20s to 50s
Race group: Chinese, Malay, Indian, and others
Foreigner percentage: 60%

Geylang
Pros: Vibrant nightlife scene, diverse food choices, and cultural heritage
Average Income: $4,000 to $6,000 a month
Age group: 20s to 40s
Race group: Chinese, Malay, Indian, and others
Foreigner percentage: 35%

Clarke Quay Riverside
Pros: Popular dining and entertainment area along the Singapore River with a picturesque backdrop
Average Income:$6,000 to $8,000 a month
Age group: 20s to 40s
Race group: Chinese, Malay, Indian, and others
Foreigner percentage: 45%
Premises Details
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base
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