Singapore  Singapore

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Listing Id: 16617 Last Refreshed: 29/07/2019 Total Views: 3677

Taking Over Existing Profitable Mall Shop Business And Rental

BedokAmusement Arcades
Asking Price: S$12,000
Business For Takeover
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Overview

  • Premise Type Shopping Mall
  • Premise Size
  • Monthly Rental S$9,500
  • Rental Desposit S$30,000
  • 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 N/A
  • Established N/A
  • Source Broker

Reason For Sale

Owner has to return back to home country urgently

Description

#Exclusive Agent#

*621 sq ft Retail Shop at Bedok Mall。
*High Foot Fall/ Foot Traffic every day/ night。
*Taking Over/ Assignment of existing children's playground business in one of the most popular malls in Singapore.
*Lease till Sep 2020 / extension subject to landlord's approval.

*Taking over fee = 12,000 including renovation, existing playground facilities and inventory. Negotiable
* Profitable business.
*Rental :9500 /month + GST+ 1% GTO。
*Assignment fee = 12k
* Children playground business has affiliated partnership with another outlet in Punggol WaterWay Point too.
*No competitor doing same business in the mall or neighbourhood. Closet ones are in Katong and Downtown East.
Huge potential upside in revenue.
*Handing over period
* Owner need to return back to home country urgently..
*Excellent chance to take over an existing profitable business or rent a mall retail shop space.
*Do not need to start a brand new business, or spend lots of money on renovation now!

92386598
TONY EYU
PROPNEX

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