Singapore  Singapore

Sell a Business

Listing ID: 15270 Last Refreshed: 14/05/2020 Total Views: 4845

Profitable Provision Shop For Sales

Kallang/Whampoa

Asking Price: S$60,000
  • Premise Type N/A Premise Size 1000sqft
  • Monthly Rental S$2,500 Rental Desposit S$7,500
  • Revenue S$500K-1M Cash Flow S$20K - 50K
  • Gross Profit S$100K - 200K Net Profit S$20K - 50K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE S$46,000*** Established 2016
  • Owner Role Full Time Staff 2
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
ANGIE TEE

Reason For Sale

I have others business, no time to take care

Description

This provision is registered under a private limited company with 2 Directors, Paid Up Capital $800. Existing got 3 Directors, one of Director had been resigned cause of nobody to take care of our business. I am the main in-charge person to take care of this business now. I have my own other business too so no time to spend on this business. If you are interested in this business, the price can be negotiable. May contact me if you want site viewing.


*Taking Over fee $60K (Excluded Inventory)
*Revenue up to 700k Yearly. Profit up to 80k yearly.  
*Cheap Rental $2,500.00 per month (3+2 years lease) since November 2016, can sign a new rental lease.

*Electricity is cheaper than others, we using Private Supplier with 0.17 cents per KWH 
*Fully renovated (New racking,Cashier counter,freezers,display cabinet,signage,lights,fans,roller shuttle door, adjustable awning,storage racking & etc (Worth: 45K)
*Fully system control with POS & Inventory. Worth 5K
*Full CCTV camera security. (Cloud base) Worth 2.6K
*Well trainedFull-time staff & part-time staff. (All Local Staff)
*Liquor & tobacco license excluded.

*Operating hour from 8am to 10pm, open everyday.

*Will provide 3 month training for new Buyer


Business Operation

8am to 10pm
Business Hour
Yes
Supporting and Training
Preferred who interested to start a small business. Better own manage this business will profit more.
Background & Skills

Property Information

Rent
Premise Status
3+2
Lease Term
HDB Shop house
Premises Details
Yes, it can relocate to other place
Relocatable

Supporting Document

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