Singapore  Singapore

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Listing Id: 180 Total Views: 39516

(Sold) Photography & Education Events

Geylang

Date Closed: 26/08/2014

Asking Price: S$350,000

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$5,100
  • Rental Desposit S$15,100
  • Revenue S$39,000
  • Liability S$0
  • Gross Profit S$35,000
  • Net Profit S$7,136
  • Stock S$14,000
  • FFE N/A
  • Payable S$0
  • Receivable S$0
  • Owner Role Full Time
  • Staff 5
  • Established 2011
  • Source Direct Seller

Reason For Sale

Personal commitment

Description

Singapore based studio events founded that provide Graduation Services and Studio Photography.

The regular client includes about 28 private school, and more than 30 childcare/kingdergarnders. Most of the schools is serviced with 1-2 year contracts.

The monthly profit is profit is after deduct the salary of the 2 shareholders(about S$75,000 in total of year 2012).

The indicated price include the rental deposit about 15k.

Business can be immedaitely taken over. Owner is willing to stay 3-6 month for the handover.

Business Operation

10am-7pm
Business Hour
3 months
Support and Training
No
Background & Skills

Property Information

Rent
Premise Status
36 months lease expire in May-2016
Lease Term

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