Listing Id: 21939
Total Views: 867
(Sold) Water Filtration And Water Dispenser Business
Hougang
Date Closed: 03/06/2021
Asking Price: S$100K - 200K
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Office Building
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Premise Size
-
Monthly Rental
S$950
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Rental Desposit
S$0***
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Revenue
S$10K - 20K
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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
-
FFE
N/A
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Payable
N/A
-
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 enough time to commit to growing business
Description
Drinkstar Asia has been in business since 2016, servicing commercial and residential clients across Singapore with water dispeners and water filter servicing. Drinkstar Asia has high profile commercial clients, regular clients requesting filter changes, and numerous service agreements creating regular income.
While the business is profitable, I do not have the time to commit to maintaining and growing the business. Historical sales and cost data available upon request by serious bidders.
The business assets include:
- inventory in storage
- vehicle
- 2 fulltime staff
- 5+ years of client history and contact information
- recurring income from rental agreements and filter maintenance
- Carousell, Lazada, Shopee storefronts with images and videos
- supplier contacts in Malaysia, China and Korea
The business liabilities include:
- dispensers sold currently under 1 year warranty
- support for dispenser's rented out to clients
- rental expense
- storage unit expense
- vehicle expense
Please contact me for any questions
Singapore