Singapore  Singapore

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Listing Id: 24758 Last Refreshed: 12/02/2022 Total Views: 1700

(Expired)Established Optical Shop In Superb Location For Takeover

Kallang/WhampoaOpticians and Optical Stores
Asking Price: S$500,000
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Shopping Mall
  • Premise Size
  • Monthly Rental S$11,000
  • Rental Desposit S$36,000
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit S$25,000
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Direct Seller

Reason For Sale

personal matters. owner has no time

Description

optical shop in a super strategic location (right next to escalator on level 1) with constant customer base for takeover.
Business is profitable (2xxk nett profit per annum consistently, sometimes exceed that). Owner has 20years experience running and selling optical businesses.
he is proposing two options, either he stay on and help to expand the business for another 2 yrs as an employee after take over, or just pure takeover with 3 months dedicated training to new owner (prices differ).
open to negotiation.
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