Singapore  Singapore

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Listing Id: 293 Last Refreshed: 07/05/2019 Total Views: 13039

(Expired)Established porcelain photo & ancestral tablet business for sale (all equipment & staff included)

Ang Mo KioServices
Asking Price: S$60,000
Business For Takeover
Look For Investor
Look For Partner
Melvin Koh

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$350
  • Rental Desposit N/A
  • Revenue S$6,000
  • Liability N/A
  • Gross Profit S$3,000
  • Net Profit S$2,000
  • Stock S$3,000***
  • FFE S$100,000***
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 1
  • Established 1981
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Retirement

Description

We are a pioneer in the manufacture of porcelain photo plates and ancestral tablets in Singapore. We are established in 1981 and have equipped ourselves with technology imported from Italy (worth $100,000) as well as trained staff.


Ready supplier and customer contacts to share immediately. Business is ongoing.


All to let go at $60,000 as founder is seeking to retire due to old age. Potential is limitless due to the growing local and regional markets. This is an evergreen industry.

Property Information

Rent
Premise Status
/

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