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Listing ID: 14396
Total Viewed: 802
Last Refreshed: 03/10/2018

Transfer Of Lease For Shop At Beauty World Plaza(Any Business Welcome)

Bukit Timah, Singapore

Asking Price : S$10,000

Revenue: S$50K-100K

Cash Flow: Under S$5K

Payable: Not Disclosed

Established: 2018

Gross Profit: SGD10K - 20K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD10K - 20K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 2

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

***NOT included in asking price

Reason To Sell
Unable to handle stress and No experience in manage shop.
Business Description

- We are looking at prospect tenant to transfer the lease over from current until Dec 2019 at very low price. Any business also possible. 

- The shop is FULLY FITTED with renovation done up. The new Tenant can start anytime on their business.

- New Tenant will sign a new contract with owner, and we will transfer the lease to them at S$1,300 per month (1 month security deposit)

- Fully fitted shop for transfer of lease.

- URA approved use premises

- Fitted with 1 room, curtain, blind, tables, Air-con, white board.

- High ceiling, bright and with lots of natural lighting

- Walking distance to Beauty World MRT station

- Area : 300 sqf approx

-  Available immediately and new tenant can start anytime.

- New Tenants can register their business at this address

Reason : Due to other business committment  I do not have the time to handle this tuition business and I also very poor in marketing sales. I do not have any support from anyone therefore this Tuition centre will be more of one man shop. I am looking for tenants to lease out the shop permanently.

One Time Take Over Fee to cover my renovation and furniture : S$10,000 negotiable.

Only Keen and Sincere Tenants to call me to work further on it.

Business Operations
Business Hour:
1000 to 2100
Staff:
1 Local, 1 Part Time
Property Information
Premise Status:
Rent
Premise Size:
300sqft
Rental Fee:
SGD1,300
Rental Deposit:
SGD1,300 (NOT included in selling price)
Lease Term:
12
Premises Detai:
Cosy and Quiet environment best suited for office, renovation, education, and any business.
Other Information
Expansion Potential:
Can be expand further

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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