Listing Id: 26645
Total Views: 1138
(Sold) Dry Cleaning + Clothing Alteration Shop Looking For Takeover
Novena
Date Closed: 08/01/2023
Asking Price: S$12,000
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Shopping Mall
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Premise Size
N/A
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Monthly Rental
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Rental Desposit
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Revenue
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Liability
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Gross Profit
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Net Profit
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Stock
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FFE
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Payable
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Receivable
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Owner Role
Investor
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Staff
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Established
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Source
Direct Seller
Reason For Sale
To focus on other businesses
Description
Our nicely renovated retail dry cleaning + alteration shop is located at Novena Mall, right on top of the Novena MRT station. As our shop is located in between Koufu Food Court & NTUC Fairprice, we have high visibility and shopper traffic flow.
We also have a steady flow of customers ranging from medical practitioners who work nearby (Novena Medical Centre, Novena Specialist Centre, TTSH etc.) to residents who stay near the mall to PMETs who work nearby.
Our shop has two streams of revenue:
1) laundry + dry clean service
2) clothing alteration service
What is included:
- all furnishing & renovation that worth close to $55,000
- sewing machines
- POS support
- Nicely decorated website
- 5 Stars (5.0/5.0) based on google review
- Factory & logistic support (new owner has the option to use the existing factory & delivery team or to use new one)
- Seller’s commitment to stay on for 2 months and provide consultation and training (if needed) if Buyer is new to this industry
Plus point:
- Low rental
- Low electricity & general expenses
- In an established shopping mall
- High average price per order
- Regular & repeat customers
- Steady flow of customer & new customers every month
- No debt
- All furniture & equipment have been paid for
- Potential for growth – you can add new services like shoe cleaning & bag spa to increase your revenue
- Potential for growth – you can also add membership system to earn membership fees