Listing Id: 1252
Total Views: 15356
(Sold) Shoe Repair Business For Sale / Investment (49%)
Tampines
Date Closed: 15/01/2015
Asking Price: S$100K - 200K
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
N/A
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Premise Size
-
Monthly Rental
S$6,900
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Rental Desposit
N/A
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Revenue
S$20K - 50K
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Liability
N/A
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Gross Profit
S$10K - 20K
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Net Profit
S$10K - 20K
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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
Investor
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Staff
2
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Established
2009
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Source
Broker
Reason For Sale
Owner requires cashing out
Description
Long established shoe repair business owner looking for investors/sleeping partners to purchase 49% stake. Healthy nett profit figures for the past few years, and owner is transparent with books.
Estimated monthly dividends of $5,000-$6,000/month.
Owner will continue to operate and run the business with his staff, so sleeping partners/investors will find this most suitable.
ROI in less than 2 years; yield works out to be approximately 29.7%.
Property Information
Yes, it can relocate to other place
Relocatable
Singapore