Singapore  Singapore

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Listing Id: 2371 Last Refreshed: 26/05/2019 Total Views: 17281

(Sold) Pet Hotel *Urgent Sale, price reduced*!

Marine ParadePet ShopsPet Care and Grooming
Asking Price: S$50,000
Business For Takeover
Look For Investor
Look For Partner
Pe Hon

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$3,000
  • Rental Desposit S$6,000***
  • Revenue S$100K - 200K
  • Liability S$0***
  • Gross Profit S$20K - 50K
  • Net Profit S$10K - 20K
  • Stock S$1,000***
  • FFE S$50,000***
  • Payable S$1,000***
  • Receivable S$20,000***
  • Owner Role Part Time
  • Staff 3
  • Established 2015
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

focus on other ventures

Description

A profitable, leading pet hotel is for sale!
Fully managed by competent and well trained staff. Operations are well managed by the full time staff, leaving you more time to develop this business further. Located in the east of Singapore, the hotel's Facebook page is well followed with 3200+ followers, 800+ followers on Instagram, 600+ emails on our email list, 500+ dogs in our database, fully automatic email sales funnel to encourage repeat customers and an extremely loyal customers base.
We have existing business network arrangements that will ensure constant stream of new leads!
The company is sitting on a cash position of ~$20,000, and ~$20,000 recievables. Factor that into the asking price and the hotel is indeed asking at a very reasonable price. The sale is for the company, which includes the cash and the lease and the business. Everything belongs to the company so it will all go with the sale.
We are looking to sell the entire company. Included in the sale:
A hotel fully managed by competent and well trained staff. Great potential for passive income.
Self developed hotel booking system that will handle most of the work of booking of rooms!
Well established process for invoicing customers.
Well documented customer database, and automated remarketing system to help bring back customers. We have an impressive % of returning customers.
Well documented SOP, detailing ALL the processes involved in running of the hotel. This ensure a smooth transition to the new owner
A self developed dog CRM system worth $7,500. The system allows our staff to feed and handle the dogs efficiently and with no mistakes. The system also allows our part time staff to quickly get up to speed with the needs of our dogs on a daily basis.
Invoiced amount ~$20,000+. All money that will be paid to the company within the next 2 months. You'll be buying this company with a future cash flow.
Great shop front with located near a mall, with excellent human traffic.
Well establised business network arrangements.
Ideal for pet lovers. For the protection of the future owners of the pet hotel, we need a NDA to be signed before we can go into any specifics.
Contact us for more details!

Business Operation

9am-7pm
Business Hour
No other hotels in the area
Competition
Extremely scalable. Existing systems and processes are well established and scalable. With additional capital, new owner can expand to another outlet.
Expansion Potential
Training will be provided. Business is already run by well trained staff and transition will be extremely easy.
Support and Training
Love for pets
Background & Skills

Property Information

Rent
Premise Status
2+1
Lease Term
Yes, it can relocate to other place
Relocatable
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