Listing Id: 4968
Total Views: 10687
(Sold) A Factory-based Laundry & Dry Cleaning Business For Quick Sale
Jurong West
Date Closed: 24/03/2018
Asking Price: Under S$50K
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
-
Monthly Rental
S$0
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Rental Desposit
N/A
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Revenue
S$5K - 10K
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Liability
N/A
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Gross Profit
S$5K - 10K
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Net Profit
Under S$5K
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Part Time
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Staff
0
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Established
2011
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Source
Direct Seller
Reason For Sale
Unable to manage much with expected more time to spend overseas
Description
An established small-scale factory-based laundry & dry cleaning business (+ option of a well-located retail shop) for quick sale. Customer mix is about 80% recurring Commercial + 20% regular customers. The size is ideally suitable for either new entrepreneur to expand, business owner who owns other laundry business like Retail Laundry Shop, Coin Laundry or competitors to buy up for market share. Company accounts is available to review for serious buyers.
This BUSINESS comes with Assets & the mostly recurring Customer Database.
A simplified operations can be ran REMOTELY or HANDS-ON as existing trustworthy staff are experienced to self-run the show (+ option of taking over the reliable staff). Training & agreed on-going support witll be given.
With OWN FACTORY & NO FRANCHISE, profits & costs can be managed more efficiently with more market potential to grow the business!
Business Operation
Existing laundry machines, fixtures, consumables, 3 phase power & pipings
Facilities
Limited as most customers have been with Company since 2011.
Competition
Yes, and enormous
Expansion Potential
Property Information
Yes, it can relocate to other place
Relocatable
Singapore