Businesses For Sale in SingaporeSingapore

Listing ID: 5361
Total Viewed: 5444
Last Refreshed: 12/04/2018

Automated Business, No Manpower Needed (Sold)

Central Area, Singapore

Asking Price : SGD50K - 100K

Revenue: Above SGD1M

Cash Flow: Above SGD1M

Payable: Not Disclosed

Established: 2017

Gross Profit: SGD200K - 500K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD200K - 500K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 9

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

Reason To Sell
Expansion
Business 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 Operations
Business Hour:
24/7
Staff:
9 Local
Property Information
Premise Status:
Own
Premise Size:
7000sqft
Other Information
Facilities:
Warehouse at Eunos
Competition:
One direct competitor
Expansion Potential:
International expansion into Thailand, Malaysia, Indonesia in the second year.

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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