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Listing Id: 22610 Last Refreshed: 05/03/2022 3609 Views

Laundromat near Whampoa Market for sale, option to purchase Electrolux machines only also available.

Expired
Asking Price <span class='currency'>S$</span>58,888
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This listing is no longer active and is not accepting enquiries.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
Under S$5K
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$2,250

Business Operations & Assets

Owner Role
Part Time
Premise Status
Rent
Premise Type
Commercial Street

Business Details

Reason For Sale

Focus on other business ventures

Description


Business takeover of profitable and fully operational laundromat.

Easy operator duties such as:

  1. Collect Revenue and refill used coins once a week

  2. Simple cleaning of machines (clearing of dryer lint and checking soap pumps for washers) every 2-3 days

  3. Set up once a year maintenance from Electrolux.

Location is close to Balestier Road (Hotels) and Whampoa Market (Popular food stalls). Majority of customers are within the vast community of Whampoa Drive and sales can improve with the return of tourism. (Backpackers and Budget hotels nearby)

Steady flow of customers every week; thus, no marketing or advertising expenses. 


Revenue can be between $4000 - $6000 per month depending on the seasons (Cold weather and CNY spring clean)


All machines are Electrolux brand

1x 11kg Washer

2x 14kg Washer

2x 20kg Washer


Washers include Water heater and automatic soap pumps


2x 16kg Gas-powered Dryer towers (4 dryers)


2x Coin changers (change notes to $1 coins)


CCTV ready system. 

Additional option to purchase machines only also available with own transport and logistics.


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