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Listing ID: 1252 Total Viewed: 2

Shoe Repair Business For Sale / Investment (49%) (Sold)

Tampines, Singapore

Asking Price : SGD100K - 200K

Revenue: SGD20K - 50K

Cash Flow: SGD20K - 50K

Payable: Not Disclosed

Established: 2009

Gross Profit: SGD10K - 20K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Investor

Net Profit: SGD10K - 20K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 2

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

Reason To Sell
Owner requires cashing out
Business Description
Long established shoe repair business owner looking for investors/sleeping partners to purchase 49% stake. Healthy nett profit figures for the past few years, and owner is transparent with books.

Estimated monthly dividends of $5,000-$6,000/month.

Owner will continue to operate and run the business with his staff, so sleeping partners/investors will find this most suitable.

ROI in less than 2 years; yield works out to be approximately 29.7%.
Business Operations
Staff:
2 Local
Property Information
Premise Status:
Rent
Premise Size:
200sqft
Rental Fee:
SGD6,900
Lease Term:
3+3
Relocatable:
Yes, it can relocate to other place

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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