Listing Id: 5361
Total Views: 16500
(Sold) Automated Business, No Manpower Needed
Central Area
Date Closed: 12/04/2018
Asking Price: S$50K - 100K
- Overview
- Reason For Sale
- Description
- Business Operation
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
N/A
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Rental Desposit
N/A
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Revenue
> S$1M
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Liability
N/A
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Gross Profit
S$200K - 500K
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Net Profit
S$200K - 500K
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
9
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Established
2017
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Source
Direct Seller
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
Warehouse at Eunos
Facilities
One direct competitor
Competition
International expansion into Thailand, Malaysia, Indonesia in the second year.
Expansion Potential
Singapore