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Listing Id: 26524 Last Refreshed: 09/11/2022 1565 Views

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

Expired
Asking Price Price On Request
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$1,700

Business Operations & Assets

Owner Role
Part Time
Premise Status
Rent
Premise Type
Neighbourhood
Premise Size
300 sqft / 28 sqm
Rental Deposit
S$5,600

Business Details

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


  




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