Singapore  Singapore

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Listing Id: 15441 Last Refreshed: 12/05/2019 Total Views: 3381

(Expired)Ubi Gift & Stationery Shop For Takeover

GeylangEducationWholesale and Distribution
Asking Price: S$45,000
Business For Takeover
Look For Investor
Look For Partner
  • Premise Type N/A Premise Size
  • Monthly Rental S$1,750 Rental Desposit S$3,200
  • Revenue S$10K - 20K Liability N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Investor Staff 1
  • Established 2018 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Quarterly average

Reason For Sale

Health reasons- Owner unable to cope with business and family commitment.

Description

8-month old Business for Takeover
Shop is currently in operation with existing customers for products & services within the vicinity. Potential operators able to start immediately.
Area - 198sqft/18.39sqm. Strategic location 15m from Giant. Air-conditioned (Energy Saving). All fixtures and fittings in very new condition. Situated in the midst of a cluster of 10 tuition centres, 2 childcare, 4 student care and across Maha Bodhi Primary school and Manjusri Secondary School. The other nearest primary schools are Eunos Primary School, and Telok Kurau Primary School.
Accessibility: Ubi MRT (DT27)
Amenities: GIANT (Kampong Ubi) and NTUC FAIRPRICE (EUNOS CRESCENT).
# New BTO Ubi Grove estimated completion in 2021
Other Opportunity for Product and Services
- Printing Service / Stamp Making / Sticker Printing
- Photocopying Service / Lamination Service
- Photo Printing Service
- Drop-off/Collection Point
- Vending Machines
- Sale of Toys and gifts for party packs.
- Potential to grow and expand through sales via Omni-channel, delivery services and B2B transactions to offices and schools.

Takeover Fee-$45K including dealership arrangement, online accounts- Facebook page, Carousell account, exisitng stocks and fixtures.
Optional- Additional $3K for transfer of new Redmart account ownership with 100 items listed on store
To handover by April/May.

Business Operation

10:00-6:00pm
Business Hour
Fully furnished and nicely set up with glass door frontage.
Facilities
Currently only 1 other bookshop run by a 70+ year old man.
Competition
Opportunity for Product and Services
- Printing Service / Stamp Making / Sticker Printing
- Photocopying Service / Lamination Service
- Photo Printing Service
- Drop-off/Collection Point
- Vending Machine (area in front of shop)
- Sale of toys and gifts for party packs.
- Potential to grow and expand through sales via Omni-channel, delivery services and B2B transactions to offices and schools.
Expansion Potential

Property Information

Rent
Premise Status
till June 2020
Lease Term
Yes, it can relocate to other place
Relocatable
/

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