Businesses For Sale in SingaporeSingapore

Listing ID: 13772
Total Viewed: 2790
Last Refreshed: 19/09/2018

Chinese Flower Joint/ KTV / Night Lounge For Sale

Kallang/Whampoa

Asking Price : SGD300,000

Revenue: Above SGD1M

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2014

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 Annual average

Reason To Sell
Owners parting ways
Business Description

Outlet Details


- Located along Jalan Sultan Area.

- Monthly Rental Fee: $32,000

- Approx. 4600 sqft

- 11 KTV Rooms (4 Regular, 5 Deluxe, 2 VIP)

- 1 Admin Office 

- 1 Performers Changing Room

- Whole level belongs to the joint outlet

- Newly renovated main hall including performing stage. 

- Fittings, Furnitures and Equipment all included in selling price


HR Details


8x Performing Artist Work Permit Spaces

2x PRC Work Permit Spaces

11x Malaysian/NAS Work Permit Spaces

5x Special Pass Spaces


Admin Details


- Landlord assists in applying/renewing required licenses for operation 

- Public Entertainment License and Liquor License recently renewed


Selling price negotiable. 

Feel free to enquire via message, or sending a mail in this website is fine too. 

Business Operations
Business Hour:
Monday to Sunday, 7pm to 3am
Supporting and Training:
General Manager will be guiding new owners for the transition.
Staff:
Not Disclosed
Property Information
Premise Status:
Rent
Premise Size:
4600sqft
Rental Fee:
SGD32,000
Rental Deposit:
SGD64,000 (included in selling price)
Premises Detai:
As explained in Description

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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