Singapore

Sell a Business

Listing ID: 15441 Last Refreshed: 12/05/2019 Total Views: 1675

Ubi Gift & Stationery Shop For Takeover

Geylang

Asking Price: S$45,000
  • Premise Type N/A Premise Size 198sqft
  • Monthly Rental S$1,750 Rental Desposit S$3,200
  • Revenue S$10K - 20K Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2018
  • Owner Role Investor Staff 1
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Quarterly average
Email Owner

Reason For Sale

Health reasons- Owner unable to cope with business and family commitment.

Description

8-month old Business for Takeover
Shop is currently in operation with existing customers for products & services within the vicinity. Potential operators able to start immediately.

Area - 198sqft/18.39sqm. Strategic location 15m from Giant. Air-conditioned (Energy Saving). All fixtures and fittings in very new condition. Situated in the midst of a cluster of 10 tuition centres, 2 childcare, 4 student care and across Maha Bodhi Primary school and Manjusri Secondary School. The other nearest primary schools are Eunos Primary School, and Telok Kurau Primary School. 
Accessibility: Ubi MRT (DT27)
Amenities: GIANT (Kampong Ubi) and NTUC FAIRPRICE (EUNOS CRESCENT).

# New BTO Ubi Grove estimated completion in 2021

Other Opportunity for Product and Services

- Printing Service / Stamp Making / Sticker Printing

- Photocopying Service / Lamination Service

- Photo Printing Service

- Drop-off/Collection Point

- Vending Machines

 - Sale of Toys and gifts for party packs.

- Potential to grow and expand through sales via Omni-channel, delivery services and B2B transactions to offices and schools.

Takeover Fee-$45K including dealership arrangement, online accounts- Facebook page, Carousell account, exisitng stocks and fixtures.

Optional- Additional $3K for transfer of new Redmart account ownership with 100 items listed on store

To handover by April/May. 

Business Operation

10:00-6:00pm
Business Hour
Fully furnished and nicely set up with glass door frontage.
Facilities
Currently only 1 other bookshop run by a 70+ year old man.
Competition
Opportunity for Product and Services - Printing Service / Stamp Making / Sticker Printing - Photocopying Service / Lamination Service - Photo Printing Service - Drop-off/Collection Point - Vending Machine (area in front of shop) - Sale of toys and gifts for party packs. - Potential to grow and expand through sales via Omni-channel, delivery services and B2B transactions to offices and schools.
Expansion Potential

Property Information

Rent
Premise Status
till June 2020
Lease Term
Yes, it can relocate to other place
Relocatable
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