Singapore  Singapore

Sell a Business

Listing ID: 13748 Last Refreshed: 07/05/2019 Total Views: 8571

Shoe Repair Business For Sale

Central Area

Asking Price: Under S$50K
  • Premise Type N/A Premise Size 128sqft
  • Monthly Rental S$4,700 Rental Desposit S$9,400***
  • Revenue S$50K - 100K Cash Flow S$5K - 10K
  • Gross Profit S$50K - 100K Net Profit S$5K - 10K
  • Stock S$1,000 Liability S$0
  • Payable S$0 Receivable S$0
  • FFE S$20,000*** Established 2016
  • Owner Role Investor Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Not inlcude in the selling price
kevin
Email Owner

Reason For Sale

Full time work commitments

Description

We offer shoe repair and key cutting services


We have a good rating on Google Maps (more than 4.5 stars).  Over the last few months we also have tie ups with companies around the area to offer corporate discounts via EDMs to their staff.  These companies include DBS, EY, OCBC, PwC, Citi and NTU.


We have created a stable business that is currently grossing ~$6k per month with 0 marketing spend. This is largely due to our favourable location that has great footfall.


Our services are currently limited to the traditional shoe repair and key cutting services.  However i am positive that if we offer higher end services such as bag cleaning services, shoe cleaning services - we would be able to ramp up the revenue.


Business Operation

Other shoe related services can improve revenue of company
Expansion Potential
Yes, seller financing is available.
Financing

Property Information

Rent
Premise Status
3 years
Lease Term
Yes, it can relocate to other place
Relocatable
Email Owner
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