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Listing Id: 15441 Last Refreshed: 12/05/2019 3442 Views

Ubi Gift & Stationery Shop For Takeover

Expired
Asking Price <span class='currency'>S$</span>45,000
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This listing is no longer active and is not accepting enquiries.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

Quarterly Figures
Revenue
S$10K - 20K
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$1,750

Business Operations & Assets

Staff
1 Employees
Year of Incorporation
2018
Owner Role
Investor
Premise Status
Rent
Rental Deposit
S$3,200

Business Details

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. 

Facilities

Fully furnished and nicely set up with glass door frontage.

Competition

Currently only 1 other bookshop run by a 70+ year old man.

Expansion Potential

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.
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