Singapore  Singapore

Sell a Business

Listing ID: 1252 Last Refreshed: 26/05/2019 Total Views: 14369

Shoe Repair Business For Sale / Investment (49%)

Tampines

Asking Price: S$100K - 200K
Shoe Repair Business For Sale / Investment (49%)
  • Premise Type N/A Premise Size 200sqft
  • Monthly Rental S$6,900 Rental Desposit N/A
  • Revenue S$20K - 50K Cash Flow S$20K - 50K
  • Gross Profit S$10K - 20K Net Profit S$10K - 20K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2009
  • Owner Role Investor Staff 2
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
Tim Wong

Reason For Sale

Owner requires cashing out

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%.

Property Information

Rent
Premise Status
3+3
Lease Term
Yes, it can relocate to other place
Relocatable

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