Singapore
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Overview
Financial Performance
Revenue
S$100K - 200K
Gross Profit
S$100K - 200K
Net Profit
S$20K - 50K
Monthly Rentalt
S$9,000
Business Operations & Assets
Staff
10 Employee
Year of Incorporation
1991
Owner Role
Full Time
Premise Type
Commercial Street
Premise Size
6000 sqft / 557 sqm
Premises Details
The office of 3 storeys that we operate in, are owned by us. It includes 3 floors, 1st floor for repair and storage, 2nd floor for office and storage and 3d for storage. It includes 2 toilets. The office is also fitted with 2 lifts to allow transportation of units from each floor.
Business Details
Reason For Sale
Old age, decided to retire.
Description
π£ Business For Sale: Established Appliance Rental and Sales Company β 33 Years in Operation!
After serving our community for over three decades, we are offering a unique opportunity to take over a well-established business specializing in rental of second-hand washers and fridges to households and foreign workers.
Our company operated in Singapore since 1991, dealing in Sales of appliances to Household and Rental businesses to mainly foreign workers. We specialize in the rental and repair of home appliances as well. Our inventory includes Refrigerators, Washing-machine, Wine Chillers and Dryers
Key Highlights: β 33 years of trusted service with a strong customer base
β Profitable and scalable business model
β Specializes in renting reliable second-hand washers and fridges
β Well-maintained inventory and loyal client relationships
β Proven demand from both individuals and businesses, particularly for foreign worker accommodations
If you're looking for a profitable, turnkey business with a solid foundation and room for growth, this is your chance! With a reputation for affordable and dependable rentals, you can step right in and start earning from day one.
For more information, please get in touch with us:
π [98891999]
WhatsApp [93975316]
π§ [yapkahhong@yahoo.com.sg]
Don't miss this rare opportunity to own a thriving appliance rental business with a legacy of success!
After serving our community for over three decades, we are offering a unique opportunity to take over a well-established business specializing in rental of second-hand washers and fridges to households and foreign workers.
Our company operated in Singapore since 1991, dealing in Sales of appliances to Household and Rental businesses to mainly foreign workers. We specialize in the rental and repair of home appliances as well. Our inventory includes Refrigerators, Washing-machine, Wine Chillers and Dryers
Key Highlights: β 33 years of trusted service with a strong customer base
β Profitable and scalable business model
β Specializes in renting reliable second-hand washers and fridges
β Well-maintained inventory and loyal client relationships
β Proven demand from both individuals and businesses, particularly for foreign worker accommodations
If you're looking for a profitable, turnkey business with a solid foundation and room for growth, this is your chance! With a reputation for affordable and dependable rentals, you can step right in and start earning from day one.
For more information, please get in touch with us:
π [98891999]
WhatsApp [93975316]
π§ [yapkahhong@yahoo.com.sg]
Don't miss this rare opportunity to own a thriving appliance rental business with a legacy of success!
Facilities
The office of 3 storeys that we operate in, are owned by us. It includes 3 floors, 1st floor for repair and storage, 2nd floor for office and storage and 3d for storage. It includes 2 toilets. The office is also fitted with 2 lifts to allow transportation of units from each floor. We also own 2 lorries for our deliveries
Competition
Currently there are very little compeition as this is a very niche industry.
Expansion Potential
Possible to expand as we believe that as inflation becomes worse, 2nd hand sales and rental business should thrive in Singapore. Compared to brand new item sales, we offer similar product quality and efficiency. There should be much expansion possiblities as this is very much an untapped industry.
Buyer Support & Terms
Support and Training
We will help to support and supervise the takeover until buyer is well equipped enough to stand of his or her own.
Background & Skills
None
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