Listing Id: 33128
Last Refreshed: 14/10/2024
Total Views: 779
(Expired)Highly Profitable Second Hand Rental And Sales Business.
SerangoonEquipment Rental and Leasing
Asking Price: S$500K - 1M
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
Commercial Street
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Premise Size
6000 sqft / 557 sqm
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Monthly Rental
S$9,000
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Rental Desposit
S$0
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Revenue
S$100K - 200K
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Liability
S$0
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Gross Profit
S$100K - 200K
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Net Profit
S$20K - 50K
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
10
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Established
1991
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Source
Direct Seller
Reason For Sale
Old age, decided to retire.
Description
📣 Business For Sale: Established Appliance Rental and Sales Company – 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: ✅ 33 years of trusted service with a strong customer base
✅ Profitable and scalable business model
✅ Specializes in renting reliable second-hand washers and fridges
✅ Well-maintained inventory and loyal client relationships
✅ 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:
📞 [98891999]
WhatsApp [93975316]
📧 [yapkahhong@yahoo.com.sg]
Don't miss this rare opportunity to own a thriving appliance rental business with a legacy of success!
Business Operation
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
Facilities
Currently there are very little compeition as this is a very niche industry.
Competition
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.
Expansion Potential
We will help to support and supervise the takeover until buyer is well equipped enough to stand of his or her own.
Support and Training
Property Information
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.
Premises Details
Yes, it can relocate to other place
Relocatable
Singapore
