Singapore  Singapore

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Listing Id: 21939 Total Views: 858

(Sold) Water Filtration And Water Dispenser Business

Hougang

Date Closed: 03/06/2021

Asking Price: S$100K - 200K

Overview

  • Premise Type Office Building
  • Premise Size
  • Monthly Rental S$950
  • Rental Desposit S$0***
  • Revenue S$10K - 20K
  • Liability N/A
  • Gross Profit S$5K - 10K
  • Net Profit S$5K - 10K
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Part Time
  • Staff N/A
  • Established N/A
  • Source Direct Seller

Reason For Sale

not enough time to commit to growing business

Description

Drinkstar Asia has been in business since 2016, servicing commercial and residential clients across Singapore with water dispeners and water filter servicing. Drinkstar Asia has high profile commercial clients, regular clients requesting filter changes, and numerous service agreements creating regular income.

While the business is profitable, I do not have the time to commit to maintaining and growing the business. Historical sales and cost data available upon request by serious bidders.

The business assets include:
- inventory in storage
- vehicle
- 2 fulltime staff
- 5+ years of client history and contact information
- recurring income from rental agreements and filter maintenance
- Carousell, Lazada, Shopee storefronts with images and videos
- supplier contacts in Malaysia, China and Korea

The business liabilities include:
- dispensers sold currently under 1 year warranty
- support for dispenser's rented out to clients
- rental expense
- storage unit expense
- vehicle expense

Please contact me for any questions

Property Information

Rent
Premise Status

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