Businesses For Sale in SingaporeSingapore

Listing ID: 4342
Total Viewed: 5833
Last Refreshed: 03/01/2019

Laundry And Dry Cleaning Retail With Superb Location

Central Area

Asking Price : SGD150,000

Revenue: SGD200K - 500K

Cash Flow: Under SGD5K

Payable: Not Disclosed

Established: 2009

Gross Profit: SGD100K - 200K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Part Time

Net Profit: SGD20K - 50K

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 has other work/business commitment
Business Description

- Shop is located in superb business district area closely surrounded by 4 condomiums with good pool of expat regulars and financial offices and tourist attractions. 

- Very good human traffic flow. Suitable for other business in future should new owner decide to switch

- Business/shop has been around since Day 1

- Established brand (Franchise, however company is no longer giving out franchise rights)

- Business is retail shop based/Service oriented

- Pickup/dropoff concept

- Has POS system

- Main expenses are rental, salaries and cost of service to Main company.

- Currently employs a very experienced and service oriented Full-time staff who has been around for 5years+ and a part-time local.

- New owners will have to get involved unless can train and employ 1 more staff to take over simple roles.

- NO MARKETING has been done at all, therefore if new owners can apply some marketing, earning potential can be easily doubled. There are many MNCs, corporate offices and hotels around which may require such services.

- Unsure about the cashflow part since its selling of business and not the whole company. Shop has its own petty cash though.

- Selling because owners started this out as a side business for some passive income however due to own work/other business commitment, unable to focus and expand.

Business Operations
Business Hour:
Property Information
Premise Status:
Premise Size:
Yes, it can relocate to other place

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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