Singapore  Singapore

Sell a Business

Listing ID: 5361 Last Refreshed: 26/05/2019 Total Views: 14437

Automated Business, No Manpower Needed

Central Area

Asking Price: S$50K - 100K
Automated Business, No Manpower Needed
  • Premise Type N/A Premise Size 7000sqft
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue > S$1M Cash Flow > S$1M
  • Gross Profit S$200K - 500K Net Profit S$200K - 500K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2017
  • Owner Role Full Time Staff 9
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Jasper Tan
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Reason For Sale

Expansion

Description

My startup will Launch our Mini-KTV Booths across Singapore in 2018 and we are seeking Investors/ Partners.The Mini-KTV booth is a self-serviced & cashless Karaoke Booth. It has a sitting capacity of two people, fully fitted with air-condition and recording function. Our highly scalable business model allows us to expand into larger markets  ["Sharing Economy" business model, e.g. oBike, OFO, Mobike] 


Because this innovation is extremely new in the singapore market, the description here is limited


Highlights:

- Fully automated (no manpower needed)

- Product ready to launch

- 250% revenue growth per year

- First year $1.4m projected sales

- Globaly Scalable

- Up to 6.75X ROI in 3years.


*Note. Minimum investment 50K

Do not wait, call me to talk now.

Business Operation

24/7
Business Hour
Warehouse at Eunos
Facilities
One direct competitor
Competition
International expansion into Thailand, Malaysia, Indonesia in the second year.
Expansion Potential

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