Listing Id: 25032
Total Views: 998
(Sold) Coin Operated Laundry To Let Go For *Free
Ang Mo Kio
Date Closed: 28/03/2022
Asking Price: S$5,800
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Neighbourhood
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Premise Size
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Monthly Rental
S$2,250
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Rental Desposit
S$4,800***
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Revenue
Under S$5K
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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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
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
Not making money
Description
Let's be honest, I'm letting go of this 24/7 coin-operated laundry for free (just need to pay me the $5800 rental and utility deposit) because it is not making money. It used to be until recently someone opened another shop beside me. I estimate that the deficit is anywhere between $500 to $1500 per month. I have other businesses so I won't have time to properly do up the shop again, that's why I'm letting go.
The shop comes with 5 washers and dryers, a claw machine, and vending machine that belongs to vendors.
The shop has been around for more than 4 years.
It is located at Blk 128 Ang Mo Kio Avenue 3.
You have to register your own company as I need the entity for other use.
I hope this shop can find a new owner to give it love.
P.S If you are just enquiring for fun, please do me & yourself a favor, don't waste everybody's time.