Listing Id: 2851
Total Views: 9041
(Sold) Polaroid Vending Machine Business For Sale
Ang Mo Kio
Date Closed: 27/06/2016
Asking Price: S$50,000
- Overview
- Reason For Sale
- Description
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$50K - 100K
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Liability
N/A
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Gross Profit
S$5K - 10K
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Net Profit
S$5K - 10K
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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
2013
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Source
Direct Seller
Reason For Sale
Shift of focus
Description
Able to operate part time as only require weekly stocking for machines. Profitable business since 2013 and has substantial youth followers and customer base.
Takeover includes 10 vending machines (5 are on site at various malls) and supplier information and training on how to operate the machines.
All 10 machines are upgraded to accommodate new coins and notes as well as efficient error messages and fluent operations. They are wrapped in high quality film paper on the outside so very eye-catching in outlook.
All 5 onsite machines are in shopping malls at prominent areas. Lease for existing malls are available for renewals and owner has 2 mall locations on hold (no time to commit)
Items sold include Polaroid films and photos albums. Other similar size items can be sold too.
The owner is selling as they have other businesses which are demanding way more time. A meaningful training/transition period along with signing an acceptable non-compete will be provided to the buyer.
Interested applicants can contact the seller for more information.