Singapore  Singapore

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Listing Id: 26524 Last Refreshed: 09/11/2022 Total Views: 1531

(Expired)Fully Operational Self Service Laundromat - Staff Costs And Risk Of Non Paying Clients Are Zero.

ClementiRetail
Asking Price: Price On Request
Business For Takeover
Look For Investor
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Overview

  • Premise Type Neighbourhood
  • Premise Size 300 sqft / 28 sqm
  • Monthly Rental S$1,700
  • Rental Desposit S$5,600
  • Revenue N/A
  • Liability S$0
  • Gross Profit N/A
  • Net Profit N/A
  • Stock S$0
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Part Time
  • Staff 0
  • Established N/A
  • Source Direct Seller

Reason For Sale

new business ventures

Description

Want to own a business but worried about

"rising wage costs and yet unable to recruit reliable staff amid a tight labor market and rising inflation".

Owning a self-service laundromat is a profitable business that calls fior a low initial investment. Staff costs and risk of non-paying clients are zero.

The success rate of a self service laundromat is very high due to the growing demand and coupled with zero risk of non-paying clients (no chasing after payments!), you can enjoy the following:

- work-life flexibility.
it's not a full time job, you can still hold on your current job

- extra income source
when you still have a full time job or retirees

- family business
an opportunity to introduce family members to small business ownerships
hand over the business to family members upon retirement

This self service laundromat is fully operational with branded commercial equipment which are rugged, long lasting and reliable to handle even the toughest jobs. These equipment provide superior quality and performance (you don't want to wake up in the middle of night due to equipment malfunctions).

Is this the right time to buy a business?

Consider these:

- rising inflation, costs will continue to increase and more expensive to purchase or set up businesses
- this laundromat is in a good location, earlier you participate, the earlier you can reap the profits
- buy vs new set up. new set up has a leadtime of min 6 months to be fully operational

P.S. Please whatsapp only




Property Information

Rent
Premise Status
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