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Listing Id: 1719 Last Refreshed: 07/05/2019 Total Views: 18569

(Expired)Selling Optical Shop In Ang Mo Kio

Ang Mo KioHealth Food and Nutrition Shops
Asking Price: S$10,000
Business For Takeover
Look For Investor
Look For Partner
soh wei zhi

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$3,000
  • Rental Desposit S$6,000
  • Revenue S$10K - 20K
  • Liability S$0
  • Gross Profit S$5K - 10K
  • Net Profit S$5K - 10K
  • Stock S$4,000
  • FFE S$5,000
  • Payable S$0
  • Receivable S$0
  • Owner Role Investor
  • Staff 1
  • Established 2013
  • Source Direct Seller

Reason For Sale

Relocation back to Malaysia

Description


Going back to Malaysia at the end of the year to be with family. Selling off business at a very attractive price.
Monthly rent: $3000
Location: Ang Mo Kio Ave 1, Blk 226A, #01-679
Fully Furbished with cupboard fittings, chairs and display shelves and 2 air-condition units.
Size: >250 square feet + wash room

Selling shop : $16000 ($6000 rent deposit)
Selling stocks (spectacle frames): add $4000
With equipment: add $5000 •
CPU + printer + monitor •
Lensometer •
Autorefractor •
Digital lens chart •
Refraction chair •
Grinding machine

Business Operation

10am to 8pm
Business Hour
Well Maintained. fittings only 2 years old
Facilities
Only one other shop in the near vicinity
Competition
Could open another shop if the first one does well
Expansion Potential
Yes provided. Introduction to the optical trade, suppliers and basic training will be provided
Support and Training
If you are from the Optical trade (with Certificates), you should be able to save 3-5k per month for hiring staff if you work there
Background & Skills

Property Information

Rent
Premise Status
2 years + agreement to renew every 2 years
Lease Term
Back Door and wash room provided.
Premises Details
Yes, it can relocate to other place
Relocatable
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