Businesses For Sale in SingaporeSingapore

Listing ID: 13748
Total Viewed: 4702
Last Refreshed: 19/09/2018

Shoe Repair Business For Sale

Central Area

Asking Price : Under SGD50K

Revenue: SGD50K - 100K

Cash Flow: SGD5K - 10K

Payable: SGD0***

Established: 2016

Gross Profit: SGD50K - 100K

Inventory: SGD1,000***

Receivable: SGD0***

Owner Role: Investor

Net Profit: SGD5K - 10K

Liability: SGD0***

FFE: SGD20,000

Staff: Not Disclosed

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

***NOT included in asking price

Reason To Sell
Full time work commitments
Business 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.


Property Information
Premise Status:
Rent
Premise Size:
128sqft
Rental Fee:
SGD4,700
Rental Deposit:
SGD9,400 (included in selling price)
Lease Term:
3 years
Relocatable:
Yes, it can relocate to other place
Other Information
Expansion Potential:
Other shoe related services can improve revenue of company
Seller Financing Available:
Yes

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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