Singapore  Singapore

Sell a Business

Listing ID: 18138 Last Refreshed: 06/02/2020 Total Views: 2239

Family Karaoke At Mall With MRT For Sale


Asking Price: S$128,000
  • Premise Type Shopping Mall Premise Size 1292sqft
  • Monthly Rental S$10,368 Rental Desposit S$30,620
  • Revenue S$20K - 50K Cash Flow N/A
  • Gross Profit N/A Net Profit S$5K - 10K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established N/A
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
Email Owner

Reason For Sale

Partners do not see eye to eye on the future of this business



Name: Karaoke Times

Address: City Square Mall #05-06

Area: 1,292 sq ft

Max Capacity: About 90 pax

Rental: $10,368.30 per month (GST included)

Security Deposit: 3 months to CDL

Renovation and Setup Costs: $210,000

Licence: Public Entertainment Class 1 with 8 PA quotas

Alcohol Licence: NIL


- 11 rooms, 1 singing hall, 1 storeroom, 1 reception area

- Opposite Golden Village cinema

- Tastefully renovated with trendy designs

- Exceptional sound quality with state of the art equipment

- Mobile phone based Karaoke On Demand systems





- All advertisements in City Square Mall paid

- Website, Facebook page and Facebook group generate good traffic



- Currently less than 50% occupancy rate, high potential for growth

- Bookings and walk-in customers are improving monthly

- Ranking in Google search for important keywords are improving monthly

Property Information

Premise Status
Email Owner
Your Name*
Mobile Number*

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