Businesses For Sale in SingaporeSingapore

Listing ID: 13990
Total Viewed: 1664
Last Refreshed: 19/09/2018

Korean Style Booth Karaoke Just Opposite Ngee Ann Poly And SIM

Bukit Timah

Asking Price : SGD25,000

Revenue: Under SGD5K

Cash Flow: Under SGD5K

Payable: Not Disclosed

Established: 2017

Gross Profit: Under SGD5K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Under SGD5K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

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

Reason To Sell
Not enough operational fund
Business Description

Booth Style Karaoke for students and family.


Current equipments:

Karaoke Machine (8 rooms, inclusive of sound system and TV)

Counter

Dart Machine 

Size Approx 500


Business is operating, it is fully furnished and ready for business. No more renovation is needed. The customer base has already set up. We have both day and night crowd because we are minutes from schools and private residences. 


The business idea came from 3 main questions

1. Why is karaoke in Singapore expensive?

2. Why isn't there place for students to enjoy in safe environment?

3. Why Singapore Karaokes do not use high quality audio systems?

Solving these problems became a business opportunity in Singapore.


1. Our shop offers as low as $2.5 per person to sing for an hour. The charges are by per room unlike other ktv. In addition, by using booths to act as a room, there is low setup cost compared to building soundproof rooms via renovations.

2. Karaoke in Singapore sells liquor, many cramped in central district. Our shop is located within residential and school zone.

3. Audio amp, equalizer, speakers cost high. Korean audio offers high quality and low price.


Looking for investors who are keen to invest or take over the place.

Business Operations
Staff:
Not Disclosed
Property Information
Premise Status:
Rent
Rental Fee:
SGD0

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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