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Listing Id: 5361 Last Refreshed: 26/05/2019 16641 Views

Automated Business, No Manpower Needed

Closed
Asking Price <span class='currency'>S$</span>50K - 100K
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

Overview

Financial Performance

Annual Figures
Revenue
&gt; S$1M
Gross Profit
S$200K - 500K
Net Profit
S$200K - 500K
Monthly Rentalt
Not Provided

Business Operations & Assets

Staff
9 Employee
Year of Incorporation
2017
Owner Role
Full Time

Business Details

Reason For Sale

Expansion

Description

My startup will Launch our Mini-KTV Booths across Singapore in 2018 and we are seeking Investors/ Partners.The Mini-KTV booth is a self-serviced & cashless Karaoke Booth. It has a sitting capacity of two people, fully fitted with air-condition and recording function. Our highly scalable business model allows us to expand into larger markets  ["Sharing Economy" business model, e.g. oBike, OFO, Mobike] 


Because this innovation is extremely new in the singapore market, the description here is limited


Highlights:

- Fully automated (no manpower needed)

- Product ready to launch

- 250% revenue growth per year

- First year $1.4m projected sales

- Globaly Scalable

- Up to 6.75X ROI in 3years.


*Note. Minimum investment 50K

Do not wait, call me to talk now.

Facilities

Warehouse at Eunos

Competition

One direct competitor

Expansion Potential

International expansion into Thailand, Malaysia, Indonesia in the second year.
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