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Listing ID: 1634 Total Viewed: 186

10 Years Old Established Laundry Collection Point For Takeover At Bencoolen St

Central Area, Singapore

Asking Price : SGD25,000

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 1995

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

Reason To Sell
Other business commitment
Business Description

- Located within 7 mins walking distance from Bugis MRT

- 2 mins walk to future Rochor MRT Station estimated to be completed in 9 months’ time

- Space can be used concurrently for other businesses without prior approval from the mall

- Steady flow of regular customers and walk-ins, mainly expat, working professionals & lots of tourist!

- Plenty of Hotels nearby but limited laundry facility especially express services

- Space can be used concurrently for other services:

  Nail salon/retail fashion/convenience store/tailor alteration/money changer/handphone retail & repair  

- Low operations maintenance

- Unit located near to the main door open to more human traffic exposure

- Self-running operation, no brainer business, so that you can concentrate on other businesses or cross sell your product to walk in laundry customer

 

Takeover fee of $25K (nego) includes:

 

- All equipment, materials, laundry & retail POS system, fixtures, aircon, laundry dryer, 2 points CCTV

- Extensive customer database with contact numbers

- Average $6.5K monthly income to fully cover your rental of $2.3K

- Remaining lease of 1 year and can be extended for another 2 + 2 years without increase of rental for more than 10 % of market rate in tenancy agreement clause

- Built in area of 237sf that come with 2 decent sizes of window display for products showcase area

- No GST & Agent Fee

- Come with free Season Parking, Gym Facility

 

 

Most Suitable for aspiring entrepreneurs who want to try their hand in small business but will like to have an accelerated learning process with limited risk involve in high rental cost.

 

Pls call Michael at 8428 4658 to fix appointment



All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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