Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
Walking distance from 3 Schools, Next to fitness corner, Badminton / sepak takraw court, Basket ball court and Play ground. With a good base of regular customers. Bedok Reservoir MRT station nearby is also currently under construction.
Size: 250 sqf / 23 sqm with attached toilet/store
Rental: $1,400/month
Utilities: under $500/month
Overheads: $2,400/month
COGS: 28k - 32k/month
Revenue of $1,300 to $1,600 (without liquor) per day ; highest at $1900 in a day.
Revenue between 40 to 42k (without liquor) per month
Asking for:
$65k inclusive of stock, 55k excluding stock (both open to negotiation), ROI in under 2 years.
Others:
- Suitable for retiring personnels / housewives / close relatives looking to start a small business for no less than 2 years.
- POS machine in place
Benefits: You save at least 12 months building a new store from scratch + marketing, potentially losing more $$$
Facilities
Racks and Shelves approximately $4000
Competition
Revenue of kiosk started with $70 a day to what it is now as the historical owner was never open.
Reputation and a good regular customer base has been built.
Expansion Potential
Buyer Support & Terms
Support and Training
Background & Skills
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