Singapore  Singapore

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Listing Id: 22610 Last Refreshed: 05/03/2022 Total Views: 3474

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

Kallang/WhampoaLaundries
Asking Price: S$58,888
Business For Takeover
Look For Investor
Look For Partner
  • Premise Type Commercial Street Premise Size
  • Monthly Rental S$2,250 Rental Desposit N/A
  • Revenue Under S$5K Liability N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Part Time Staff N/A
  • Established N/A Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
Darryl CO

Reason For Sale

Focus on other business ventures

Description

Business takeover of profitable and fully operational laundromat.
Easy operator duties such as:
Collect Revenue and refill used coins once a week
Simple cleaning of machines (clearing of dryer lint and checking soap pumps for washers) every 2-3 days
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.

Property Information

Rent
Premise Status
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