Singapore  Singapore

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Listing Id: 32083 Last Refreshed: 22/06/2024 Total Views: 682

(Expired)Profitable Watch Shop With Customer Base

Pasir RisWatch Stores
Asking Price: S$38,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner
Philip

Overview

  • Premise Type Shopping Mall
  • Premise Size 103 sqft / 10 sqm
  • Monthly Rental S$1,600
  • Rental Desposit S$3,200
  • Revenue N/A
  • Liability S$0
  • Gross Profit N/A
  • Net Profit N/A
  • Stock S$70,000
  • FFE S$35,000***
  • Payable S$20,000
  • Receivable S$0
  • Owner Role Full Time
  • Staff 3
  • Established 2021
  • Source Direct Seller

Reason For Sale

Owner wanted to spend more time to manage other businesses

Description

We are a watch shop located in Pasir Ris. With more than 5 years of operation in Pasir Ris, we have a good customer base with very good Google reviews. Google Review on our shop provides many new customers to us every month.
Our shop is well-known to provide all types of watch repair and services.
We have been profitable since the start of business.

Price will include store fixtures + branding + google business account.
Goods and equipment are not included.

Business Operation

Beautiful custom build all round glass cabinet. Fully functional design. Excellent condition with little need to renovate upon take over.
Facilities
no other watch shop located in the same mall.
Pasir Ris area has also very little watch shops.
Competition
Training on watch repair will be provided for 2 weeks.
Support and Training

Property Information

Lease ends end 2024 with a 3 years renewal in view.
Lease Term
Nice shopping mall located beside resort that receives many tourist daily.
There is HDL, NTUC among other famous eatery located in the mall.
Premises Details
Yes, it can relocate to other place
Relocatable
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