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Listing ID: 669 Total Viewed: 8501

Chain of Karaoke with 7 Outlet for Sale

Singapore

Asking Price : SGD16,000,000

Revenue: SGD816,974

Cash Flow: SGD190,000

Payable: Not Disclosed

Established: 2003

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD145,602

Liability: SGD0***

FFE: Not Disclosed

Staff: 31

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

Reason To Sell
No descendants want to take over the business
Business Description
The Karaoke is very successfully established since 2003. It is the leading one in the industry with 7 outlet, and 200 rooms.

Company has all the necessary license, experienced staff, and a large following of regular customers. The outlets are located with heavy traffic area.

Seller want to sell the business for retirement. There is big potential to grow in the future.

Training will be provided.
Business Operations
Business Hour:
1pm-10pm
Preferred Skills:
No
Supporting and Training:
Yes
Staff:
31 Local
Property Information
Premise Status:
Rent
Premise Size:
43500sqft
Rental Fee:
SGD254,505
Rental Deposit:
SGD810,381 (NOT included in selling price)

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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